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Brazil Awards Power Purchase Agreements in Reinstated Auctions

Brazil Awards Power Purchase Agreements in Reinstated Auctions

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Industry Segment: Power | Word Count: 293 Words

CORDOBA, ARGENTINA--July 21, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--On June 8, the Brazilian electricity regulatory agency, ANEEL, held the first power purchase agreement (PPA) auctions since their cancellation in early 2020 because of the COVID-19 pandemic. In this opportunity, ANEEL held two auctions for new renewable energy to be operational in 2024 and 2025, including hydro, wind, solar and biomass-fired technologies.

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