Brazil has scheduled two tenders for December to contract wind, PV and other technologies – ending two years without new contracts in the country.
The new regulated-market tenders are denominated A-4 – foreseeing a start of operations by January 2021 – and A-6, with starting date seen in January 2023. Wind and solar will be offered 20-year PPAs from the start-up date.
Further details of contracts and tender rules will be defined by power regulator Aneel in the coming weeks.
By scheduling the new auctions, the government has signalled a restart of tenders for the first time since 2015, looking past 2021 when most analysts expect Brazil’s economy to be fully recovered, and reversing a trend of declining power demand seen in the past three years.