Solar from Brazil’s A-4 auctions expected to draw BRL8 billion investment

pv-techMay 27, 2018151

Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity. 

Of these projects, seven have already received the authorization grant for implementation and the rest of the grants are expected by October.

A total of 29 projects were contracted in April 2018, demanding investment of BRL4.2 billion, and expected to start operating from January 2022. Meanwhile, the other 20 projects were signed at the end of 2017, drawing BRL3.9 billion, with power supply due to start from January 2021.

Distributed generation (DG) PV projects are also said to have grown from 9,000 plants in 2017 to more than 25,000 in 2018.

Solar system price checker

Comments

Design Your Solar Home

START

Hot spots

12 3

Input your address to see if it is solar friendly and how much you can save with solar.

Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.

Whoa ! Going solar is definitely a smart decision.

kw System size years Payback period Lifetime savings

No money down, 100% finance is available.

adv