Contracts awarded to 861 MW of renewables in Brazil's latest tender

Sugarcane harvesting in Brazil

October 1 (Renewables Now) - Around 860.8 MW of renewable energy projects secured power purchase agreements (PPA) with distributors in Brazil's auction on Thursday, the Electric Energy Trading Chamber (CCEE) announced.

The round closed with an average price of BRL 238.37 (USD 43.79/EUR 37.82) per MWh, and drew investments totalling over BRL 3 billion.

The bidding process allowed wind, solar, hydro and thermal plants using sugarcane bagasse, wood chips, solid urban waste, coal or natural gas as fuel to compete.

Projects for biomass-fired plants were the biggest seller in terms of capacity, securing 321.2 MW. More details are available in the table below:

Source Number of projects Capacity
Biomass (wood, waste and sugarcane) 8 321.2 MW
Solar 20 234.4 MW
Wind 11 161.3 MW
Hydropower 1 141.9 MW

The PPAs will become effective on January 1, 2026. Contracts for hydropower come with a 25-year term, wind and solar secured 15-year terms, while thermal biomass and solid waste plants will be contracted for 20 years.

(BRL 1.0 = USD 0.184/EUR 0.159)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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