Minas Gerais-based power company, Compañía Energética de Minas Gerais S.A. (CEMIG) – the fourth largest Brazilian energy company – will hold its next, and second, wind and solar power auction in September.
According to the auction’s call, selected projects will be granted PPAs with a duration ranging from 10 to 20 years, while the start of power delivery has been set for January 2022.
The auction, as well as that held in June, in which CEMIG contracted 431.4 MW of wind and solar power coming from 1.2 GW of power plants, is intended to provide the Brazilian company with the power generation capacity it recently lost, due to the concessions of four hydropower plants – in São Simão (1.7 GW), Miranda (404 MW), Jaguara (424 MW) and Volta Grande (380 MW) – previously run by CEMIG, to big players including Italy’s power utility, Enel; French energy company, Engie; and China’s State Power Investment Corporation. The start of power delivery for the first auction was also set for January 2022.
CEMIG provides power to 22 Brazilian states, and to Chile. The state of Minas Gerais has a stake of over 50% in the company.
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.
1 comment
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.