Solar Energy

20.6 GW Of Solar Energy Project Proposals For Upcoming Brazilian Auction

CleanTechnica
10/08/2015 15:36
Visualizações: 827 (0) (0) (0) (0)

The upcoming national renewable energy auction in Brazil has received 20.593 gigawatts (GW) of solar energy project proposals (across 649 different bids) to date, according to recent reports.

 

This means that solar project proposals have managed to eclipse wind energy ones by a fair bit — as wind project proposals total 17.964 GW (across 730 proposals), a notable occurrence for wind energy–loving Brazil. I think this means that the “solar revolution” in Brazil is now starting to really gather pace.

 

Both solar and wind energy bids have been heavily oversubscribed, though, so it remains to be seen how many projects actually move forward. It’s not yet clear by how much the auctions were oversubscribed, though, as the Brazilian Ministry for Mines and Energy has yet to reveal that. Given that the auction’s not being held until November 13th, we may have to wait a bit until we find out more.

 

Brazil’s first national solar energy auction was held just last year, and that one saw over 1 GW of new solar energy projects started in the heavily solar-insolated country — which currently only possesses around 15 MW of cumulative solar energy generation capacity.

 

Under the terms of the auction, winning bidders need to have their projects fully operational by November 2018 in order to receive their 20-year power purchase agreements (PPAs).

 

Amongst the bidders, the region of Bahia tops the list with 192 different proposals, altogether totaling 6.05 GW of potential generation capacity, as well as 243 wind energy proposals — also for a total of 6.05 GW of potential generation capacity.

 

The region of Rio Grande do Norte saw a fair number of proposals as well, with 97 different solar energy proposals, totaling 3.315 GW of proposed capacity and 184 different wind energy proposals (for a total of 4.333 GW of proposed capacity).

 

The November auction is being presaged by a solar-energy-only auction set for later this month (August 28), which has 382 registered proposals (altogether totaling 12.528 GW of proposed capacity).

Most Read Today
see see
Offshore Wind Energy
Brazil and the Netherlands promote seminar on offshore w...
06/05/25
Company News
Prime Energy expands operations in Minas Gerais
06/05/25
OTC Houston 2025
Brazil Brings the Largest Foreign Delegation to Oil and ...
05/05/25
OTC Houston 2025
IBP Featured in OTC Houston 2025 Lineup
05/05/25
OTC Houston 2025
To showcase Rio de Janeiro’s energy potential, Firjan ar...
05/05/25
OTC Houston 2025
Petrobras participates in OTC 2025, in Houston (USA
05/05/25
OTC Houston 2025
MODEC Group Professionals to Be Honored at OTC 2025
05/05/25
International Company News
TVO Adds to Global Business Development Team
01/05/25
Ethanol
Sugarcane production estimated at 663.4 million tons for...
30/04/25
OTC Houston 2025
Brazilian industry to attend OTC 2025 aiming to expand i...
30/04/25
Carbon Capture
Impact Hub and Tencent launch program offering up to 1 m...
30/04/25
International
Petrobras presents investment opportunities in the naval...
30/04/25
Results
Petrobras production grows 5.4% and reaches 2.8 million ...
30/04/25
Carbon Reduction
Report: Baker Hughes Achieves Nearly 40% Reduction in Op...
29/04/25
Natural Gas
Comgás launches public call for natural gas acquisition
29/04/25
Royalties
Values related to February production under concession a...
29/04/25
Biogas
TBG develops Biogas Hub project to boost biofuel integra...
29/04/25
OTC Houston 2025
OTC 2025 Announces Emerging Leaders Class
25/04/25
OTC Houston 2025
Renown Deep-Sea Diver Chris Lemons to Speak at OTC 2025
15/04/25
SPE
Sustainability in the Oil and Gas Industry
15/04/25
Energy Efficiency
Foresea Develops Technologies to Reduce Emissions and In...
14/04/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.