All projects now have 20-year power purchase agreements (PPAs) starting from October 1 2017.
The company sold 106.9MW of solar power from four projects located in the northeastern state of Bahia, in the same region where the company has several wind farms.
The power from the projects was sold an average of R$220.30/MWh ($88/MWh), 16% below the cap price of R$262/MWh and 2.4%
