The National Bank for Economic and Social Development (BNDES) in Brazil has proposed to the Council of Investment Partnerships Program (CPPI) to hire an EPC contractor for remaining works for the Angra 3 nuclear plant. The proposal for the capitalization of debts related to the project has already been forwarded to the PPI Council could have been approved in March 2020, but the meetings were postponed due to COVID-19.
63% of the works for the plant are already completed. If approved, the private partner model will be dropped and all the references will be removed from the decree. The proposal will enable the reduction of the contracts and increase the efficiency of the works. BNDES concluded the possibilities of obtaining bank loans for the completion of remaining works. The proposal will be submitted to the National Energy Policy Council (CNPE).
Although COVID 19 pandemic is leading to a reduction in the expected growth in energy demand in the coming years, Angra 3 has room for commercial operation, in the last case, in the first months 2027.
Country updates
-
-
June 09, 2020
Largest photovoltaic energy project in Brazil approved
Minas Gerais states´ Secretariat for the Environment and Sustainable Development (SEMAD) approved licensing of 1,357 MW solar photovoltaic project in the city of Jaiba in the north of the state....
Read more -
June 08, 2020
CGN Brasil Energia secures development permit for Tanque Novo Wind Complex
CGN Brasil Energia (CGNBE), a unit of China General Nuclear Power Corporation, has secured authorization from the Ministry of Mines and Energy (MME) of Brazil for the development of the ...
Read more -
June 05, 2020
Nordex to provide wind turbines for 90.1 MW Jandaira Wind Complex in Rio Grande do Norte
The Nordex Group has been commissioned for the supply and construction of 26 AW132/3465 turbines by COPEL – Companhia Paranaense de Energia in Brazil. The order also includes the Servicing of th...
Read more -
June 03, 2020
Voltalia begins full commissioning of 163 MW Ventos Serra do Mel 1 (VSM 1) wind project in Rio Grande do Norte
Voltalia has announced the full commissioning of the 47 turbines of the VSM 1 wind farm, located in its Brazilian wind-and-solar complex of Serra Branca. Ventos Serra do Mel 1 (VSM 1), the 163 MW win...
Read more -
May 26, 2020
Long-term PPA signed for 504 MW wind farm in Brazil
Casa dos Ventos has signed a long-term renewable energy purchase and sale agreement with Tivit, a Brazilian multinational of digital solutions, to supply wind energy to its 30 offices and four data ce...
Read more
