28 Jul '14, 4pm

[News] Brazil delays national energy auction

The ceiling price for the A-5 energy auction has not yet been announced, but 225 solar power projects have applied to compete head to head with other energy sources to bridge the gap from drought-hit hydro power in Brazil. The Brazilian government’s Energy Research Office (EPE) has announced a delay in the national energy auction. EPE, an arm of the Ministry of Mines and Energy, published the delay in Brazil’s official gazette last week. Named the ‘A-5 energy auction’, it is to be postponed by two weeks, from the original 12 September date, to 30 September. The A-5 auction invites all forms of energy development to bid for government power supply contracts. This year is only the second time that solar has been included in the auction. The A-5 auction has already attracted 225 solar power projects to register, totalling 6.1GW. The proposed projects will be competing with na...

Full article: http://www.pv-tech.org/news/brazil_delays_national_energy...

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