Brazil's energy regulator sets cap price for solar energy auction

Looks like they are providing some room for reasonable bids this round.

MB

Brazil's energy regulator sets cap price for solar energy auction

29.07.2015: Brazil’s energy regulator ANEEL has set a cap price of 349 BRL ($103.8) per MWh for the Reserve Energy auction for solar power producers that will be held on Aug. 28, 2015. Through the auction, ANEEL will select exclusively solar projects. Projects selected in the auction, which must begin delivering power in August 2017, will sell their electricity output to the Brazilian grid under a 20-year PPA. In the Reserve Energy auction held in late 2014, ANEEL had set a starting maximum price of 262.0 BRL per MWh for solar projects. The auction, which also selected wind power projects with a combined capacity of 769 MW, ended with an average price of 169.82 BRL per MWh. Through this auction, ANEEL selected 31 PV projects with a combined capacity of 889.7 MW. © PHOTON

http://www.epe.gov.br

http://www.diariodepernambuco.com.br/app/noticia/economia/2015/07/28/internas_economia,589124/aneel-aprova-edital-para-1-leilao-de-energia-de-reserva-de-2015.shtml

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com