Copel wins auction for the construction of 90.1 MW Jandaira Wind Complex in Rio Grande do Norte

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Companhia Paranaense de Energia (COPEL), in consortium with its subsidiary Cutia Empreendimentos Eólicos, has participated in the A-6 new energy generation auction in Brazil, having sold 14.4 average MW of the Jandaíra Wind Complex, priced at BRL98.00/MWh (US$23.7/MWh).

The amount of energy sold represents 30% of the total assured power. The remaining energy output will be sold through contracts in the free energy market.

With an estimated BRL400 million (US$96.7 million) investment, the Jandaíra Wind Complex, which has 90.1 MW of installed capacity and 47.6 average MW of assured power, will be built in the northeastern state of Rio Grande do Norte.

Energy supply under the contract for sale of energy in the regulated market resulting from the auction shall begin on January 1st, 2025, for a term of 20 years and annual adjustment using IPCA, the Brazilian Consumer Price Index.

List of the country updates

Country updates

  • October 18, 2019

    Canadian solar awarded 393.7 MWp solar projects in Brazil

    Canadian Solar Inc has been awarded three solar photovoltaic (PV) projects totaling 393.7 MWp in two recent Private Corporate Auctions held in Brazil in the third quarter of 2019. Canadian...

    Read more
  • October 17, 2019

    Brazil approves capital increase in Eletrobras for privatization plan

    The Government of Brazil has approved the proposed capital increase for the state utility, Eletrobras, as it prepares for the company privatization. Brazil is set to inject up to BRL10 bill...

    Read more
  • October 16, 2019

    Neoenergia to develop 566.5 MW Oitis wind farm complex

    Neoenergia's board of directors has approved the construction of the Oitis wind farm complex. The complex will be located in the states of Piauí and Bahia with an installed capacity of 566.5 MW...

    Read more
  • October 14, 2019

    Light SA agrees to sell 17% stake in Renova Energia

    Light SA, the Brazilian energy company, has reached an agreement to sell its 17.17% participation in Renova Energia SA to CGI Fundo de Investimento em Participacoes Multiestrategia. CGI will acquire a...

    Read more
  • October 11, 2019

    GE secures a contract to supply turbines for 132.5 MW Ventos da Bahia expansion wind project in Brazil

    GE Renewable Energy has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform — the company’s largest onshore wind turbine — is als...

    Read more

Share this update