The Brazilian government has set the installed PV capacity ceiling at 2-3 GW for solar projects that will be developed in the country. This brings the annual newly contracted solar capacity between August 2015 and December 2018 to 500 MW to 750 MW, conservatively speaking. The target previously was 500 MW contracted PV capacity annually. Two national auctions are set to take place August, 28 and November, 13 this year.
The auctions have already attracted more than 600 bidders reaching a total PV capacity proposal of 20.593GW, more than 17 GW of oversubscription. The PV projects have to be up and running by November 2018 under 20-year PPAs.
Net metering
Brazilian Minister of Mines and Energy Eduardo Braga has also announced that there will be a microgeneration program for solar installations. No specifications have been released though. The National Electric Energy Agency (ANEEL) has a program underway with alterations to the net metering regulation. This has the potential to bring about 500,000 PV systems totaling 2 GW installed until 2024. The current solar capacity under net metering stands at 10MW.
Cemig to build module plant
Meanwhile Brazilian power company Cemig which is responsible for about 12% of the national power distribution has announced that it is seeking partners for a $1.15 million solar project. According to Reuters, the utility is looking for partners to build a large solar power project in Minas Gerais, a southeastern state. The CEO of Cemig, Mauro Borges Lemos, has stated that the company seeks to produce PV panels locally. And for that endeavor, Cemig needs partners who have experience in module production and are also willing to transfer technological knowledge. Lemos expects development to take three years after the partners are found and investment is approved.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.