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Wind-Farm Developers Win Biggest Share of Brazil Auction

Wind-farm developers including Casa dos Ventos Energias Renovaveis Ltda were the biggest winners in a Brazil power auction today after the government agreed to raise the starting bid.

Developers won contracts to sell 968 megawatts of capacity from 22 wind and large hydroelectric projects, with 551 megawatts coming from wind farms, Sao Paulo-based electricity trading board CCEE said today on its website. Biomass, small hydropower plants and thermoelectric plants weren’t included in the event.