Eletrobras Furnas Announces Hiring of 15 Solar Energy Projects for Commercialization Starting in 2024

Written by Valdemar Medeiros

Published on 17/11/2020 at 11:46

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Through an Auction for Renewable Energy Purchase, Eletrobras Furnas Announced the Contracting of 15 Solar Energy Projects for Marketing Starting in 2024.

Eletrobras Furnas is holding an auction for the purchase of long-term incentivized energy for 15 new projects from solar and wind energy sources in the Free Contracting Environment (ACL). The company contracted energy from 15 solar projects on Thursday (11/12), for a period of fifteen years, for marketing starting in 2024.

Eletrobras Furnas Increases Its Participation with 15 New Projects

“The increase in the share of solar and wind energy in the electrical matrix is a global phenomenon. In Brazil, which has one of the cleanest matrices in the world, it cannot be any different, as we still have much potential to develop. Eletrobras, with 96% of its generation based on clean energy, is an important driver of the low-carbon economy,” states Eletrobras President Wilson Ferreira Junior.

The projects are located in Bahia, Piauí, Ceará, and Paraíba, with a total installed capacity of one thousand megawatts, with an estimated investment from the companies responsible for the assets of R$ 4.1 billion.

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The Solar and Wind Energy Auction Was a Success

“With the success of the solar and wind energy auction, Eletrobras Furnas expands its renewable energy portfolio and encourages its commercialization in the conventional and special free market of the new projects,” explains Luiz Laércio, Superintendent of Energy Trading and Transmission.

Interested generator entrepreneurs wishing to sell energy to Eletrobras Furnas made offers for four products: two deliveries of wind energy and two of solar energy in the Southeast/Central-West, South and Northeast submarkets from 2024 to 2038. The auction included Special Purpose Companies (SPEs), wholly-owned subsidiaries, and consortiums. Interested parties also needed to have a positive track record in project implementation and demonstrate healthy economic and financial parameters.

“From this event, the company contributes to the expansion of the solar energy supply in Brazil, through the facilitation of projects in the free market, which is already a reality for new projects and also a trend for the future. Our intention is to make good deals with energy resale and assist in the expansion of the electric sector, even without participating directly in the construction of new projects,” concluded Pedro Brito, president of FURNAS.

Eletrobras Furnas Announces Hiring of 15 Solar Energy Projects for Commercialization Starting in 2024

Through an Auction for Renewable Energy Purchase, Eletrobras Furnas Announced the Contracting of 15 Solar Energy Projects for Marketing Starting in 2024.

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