The executive president of the Brazilian Wind Power Association, Abeeólica, says the price cap came in a little lower than the R$140/MWh ($63) that developers had sought, but admits that there will still be ample competition.
More than 12GW of wind projects shortlisted for the 6 June auction will have a ceiling of R$133/MWh, up from last year's R$126/MWh. Power regulator Aneel says the 2014 cap is enough to make up losses due to inflation.
Melo
