March 12 (Renewables Now) - Brazil's Ministry of Mines and Energy announced on Monday the guidelines for the first energy auction of 2019, scheduled for June 27.
Through a decree published in the Official Gazette, the government confirmed that the auction, dubbed as A-4, will contract hydro, wind, solar and biomass power projects. The power purchase agreements (PPAs) that will be awarded will become effective on January 1, 2023.
Investors and interested parties can submit projects for registration by state-owned energy research firm EPE until April 5. The schemes that have already been technically qualified in A-4 and A-6 auctions held in 2018 can re-enter the new tender, the ministry stated.
The last A-4 auction, held in April 2018, awarded 1,024.5 MW of clean power supply contracts, with power supply established to commence by 2022.