Brazil Revives Auction as 67% of New Power Plants Face Delays

  • Brazil might hold three energy generation auctions this year
  • Country’s first big solar farms may not be completed

First, Brazil canceled plans for one of its two planned energy auctions this year because the weak economy is dragging down demand for power. Now that event is back on the schedule and the government may organize a third, because the same economic factors are delaying power projects already under development.

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