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.
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