Capacity for energy generation from wind sources in the country increased by over 2,000 MW last year according to an international survey.
Bids will be accepted in 2017 for the production of 4,000 megawatts total. Local sourcing of some of the equipment will be a requirement.
This Friday (16) saw the hydroelectric plant reach 98.63 million MWh. It is now close to matching the world record, which belongs to China’s Three Gorges Dam.
Brazilian companies of the sector increased their foreign sales in August, especially of computer products, telecommunications and industrial automation. Year-to-date, sales are still on the decline.
Utilization increased by 77% for wind power and 18.6% for ethanol in 2015. Gasoline consumption saw a 9.5% decline.
According to study by the institute of statistics, there is an excessive concentration of energy generation, distribution and logistics in Brazil’s Southeast, South and parts of the Midwest.
The share of this type of power source in the overall energy matrix went from 39.4% in 2014 to 41.2% last year, the Ministry of Mines and Energy reported.
Commercial operation of the hydroelectric plant started this Wednesday. The power plant is located along the Xingu River, Pará state.
The company will invest BRL 50 billion (USD 13.61) in five years in the Brazilian power sector and a fifth of this amount will be used this year already.
The CEO of Banco do Brasil said that alongside other banking institutions, the bank will finance bids by hydroelectric plants. The bidding is slated to begin in early November.
The auction is taking place in February of next year and concerns contracts with delivery due in 2021. Overall, 1,055 power generation projects have been registered.
Expansion plan of the energy sector forecasts an increase of 55% in power generation in Brazil until 2024.