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Brazil Registered 67MW of Renewable Energy in Its Auction System on June 25

Release date:2021-03-05 Source:Raytech Pageviews:-

Ningbo Raytech New Energy Materials Co., Ltd. specializes in “PV Modules Manufacturing and System Integration” and “Smart Panel Materials Manufacturing”. The company has independent product R&D teams, national key laboratory and 1.2GW full-automatic manufacturing line. Raytech Double-glass modules come with 12-year product warranty and 30-year performance warranty (2 years and 5 years longer than industry's standard product / performance warranty respectively).

EPE, Brazil's state-owned energy research company, announced on Thursday that 66.862MW of renewable energy projects have been registered for two auctions to be held on June 25, 2021.

A-3 and A-4 bidding projects will contract wind, solar, hydropower and biomass power generation projects. A total of 1841 energy projects will compete for contracts.

The successful bidder will sign a power purchase agreement (PPA) with a term of 30 years for hydropower plants (HPPs), 25 years for biomass energy and 20 years for wind and solar energy projects. The government has previously said that the successful bidder will start power supply in 2024-2025.

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