Brazil okays construction of 1.5 GW from Aug 31 tender

18/02/2019 11:00 Renewable

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The Brazilian Minister of Mines and Energy, Bento Albuquerque, announced last week that the construction licenses for 1,572 MW of green projects secured during the August 31, 2018 energy auction have been signed.

In all, the government has so far approved the construction of 53 projects, which represent BRL 6.8 billion (USD 1.8bn/EUR 1.6bn) of investments and more than 8,000 direct jobs. Of the okayed projects, 44 correspond to wind power generation, seven are hydropower generation schemes, one uses natural gas and one uses biomass, the ministry announced on Friday.

 

With a 30-year power purchase agreements (PPA) for hydro, 25 year for thermal power and 20 for wind, these projects are estimated to help Brazilian consumers save around BRL 20.8 billion during the supply period. The auction projectshave to be operational in January 2024, the ministry added.

Source:renewablesnow.com

Poland plans to triple solar energy capacity this year

10/10/2019 13:03:00

Poland, which generates most of its electricity from coal, is planning to triple its solar energy capacity this year, Prime Minister Mateusz Morawiecki told Polish radio on Wednesday.

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France awards 576 MW in oversubscribed onshore wind tender

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Projects with a combined capacity of 576 MW were successful in the fourth call of tenders for onshore wind power capacity in France, the government said on Tuesday.

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EIB to provide 110 mln euro loan to BEH for Greece-Bulgaria gas link construction

10/10/2019 12:56:00

The European Investment Bank (EIB) said on Thursday that it will provide a 110 million euro ($121 million) loan to state-owned Bulgarian Energy Holding to fund part of the Gas Interconnector Greece-Bulgaria (ICGB) project, which will also help establish a link with the Trans Adriatic Gas Pipeline (TAP).

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