29 Jul '16, 9am

Brazil cancels 2016’s first solar auction and delays second https://t.co/lTKWgIaI28

Brazil cancels 2016’s first solar auction and delays second https://t.co/lTKWgIaI28

Flickr: Global economic Symposium Solar has been removed from participating in Brazil’s first renewables auction this year while the second auction has been delayed to 16 December. Brazil’s Ministry of Mines and Energy (MME) announced that now only hydroelectric projects can be submitted to its 1st Reserve Energy Auction, which has also been delayed from 29 July to 23 September. Meanwhile, the 2nd Reserve Energy Auction, originally scheduled for October with 12.5GW of solar projects already accredited , will now be held in December for both wind and solar participants. For this auction, the deadline for registration was reopened and ends on 8 August, allowing more projects to be submitted. MME said that the changes were made in order to align the completion dates of the solar and wind projects with an analysis of Brazil’s SIN grid. The delays will also give more time for a...

Full article: http://www.pv-tech.org/news/brazil-cancels-2016s-first-so...

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