Published: 24 August 2011 24 August 2011
Wind power was the largest contributor of new power capacity contracted at Brazil’s two power auctions in August.
Out of a total of 3.9GW of contracted projects, 1,922MW went to wind power developers in the A-3 and Reserve auctions. The overall prices achieved at the auctions were considerably lower than in previous processes in 2009 and 2010, often below R$100/MWh. The new contracts bring Brazil’s pipeline for wind farms under construction up to 5,175MW, in addition to the 1,120MW currently in operation in 55 wind farms.