They account for 65% of a total of 29.2GW of projects registered, including thermal and hydroelectric technologies.
In total, 577 wind and 179 solar PV projects were approved. Those that offer the lowest per MWh price will win 20-year power purchase agreements (PPAs) starting in 2019, which is when the projects have to be completed.
The cap price for wind and solar was set at R$137/MWh ($53.1/MWh).
