Polaris solar PV net news: on Wednesday, Brazil Government announced the end of solar energy, originally scheduled on December 19 auction, this is the only solar energy auction in the country this year.
Brazil is currently very severe economic crisis, which affected the power demands. According to Central Bank estimates, Brazil’s gross domestic product shrank in the past 12 months over 5%.
Information shows that this bid a total of 419 photovoltaic projects, with a total capacity of 13 gigawatts, registered to enter the bidding. Auction has a wind power generation, which has registered about 22 gigawatt project. According to the regulations, in the bid to win the project finish date is scheduled for July 2019.
This is Brazil Government solar bid was canceled for the second time this year. Last March, two reserve auction facility solar energy category, and planned to be held in July and October. In June, the first auction was canceled, then in July, the second auction postponed until December.
Annual bidding by solar energy is considered to be the key to promoting the development of solar energy industry in China.
So far, Brazil has held three national solar energy auction, 2014, and 2015 respectively. In 2014, about 1 GW of PV projects through public bidding, 2015 bid about 2 gigawatts, these projects need to start power in 2017 and 2018.