Large names like Renova Energia, CPFL Renováveis, Tractebel, CIIF and federal power company Eletrosul, stayed out of the bidding, although most registered for part of 6.2GW of projects for the tender.
CPFL Renováveis said that it decided not to participate in this auction because of grid connection risks, availability of machinery and deadlines to conclude projects were too short.
The company concluded saying that current conditions would not guarantee minimum returns determined by its shareholders.
Analysts
