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Wind Farms to Dominate Brazil’s Auction for Power Contracts

Nov. 12 (Bloomberg) -- Wind-farm developers in Brazil comprise 88 percent of the power projects enrolled in a Nov. 18 auction for contracts to sell electricity.

Solar farms represent 8 percent of the 10,460 megawatts of registered projects, energy research agency Empresa de Pesquisa Energetica said today on its website. The remaining projects are small hydroelectric dams and biomass plants.

Developers awarded contracts in the so-called A-3 auction will have to start producing electricity in 2016, according to EPE.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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