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The National Electric Energy Agency (ANEEL) and the Electric Energy Trading Chamber (CCEE) have selected 91 power generation projects with a combined capacity of 2.98 GW in the A6 power auction for new power projects to be commissioned within 6 years (as of January 2025). This represent a total investment of BRL11.2bn (US$2.7bn). The average price in the acution stood at BRL 176.09/MWh (US$42.56/MWh), a 39.5% discount on the ceiling price. Projects were contracted in all regions of Brazil, especially in Bahia (26), Rio Grande do Norte (14) and Santa Catarina (11).

More specifically, contracts were signed with 44 wind projects totalling 1,040 MW (480 MW of physical guarantee) at an average price of BRL 98.89/MWh (US$23.90/MWh), with 11 solar PV projects totalling 530 MW (163 MW of physical guarantee) at an average price of BRL 84.39/MWh (US$20.39/MWh). Three gas-fired power projects totalling 734 MW (696 MW guaranteed), 19 small-hydropower projects (254 MW, of which 144 MW guaranteed), and 6 biomass-fired power plants (230 MW, of which 99 MW guaranteed) also signed contracts. Contracts with hydropower projects have a 30-year term, while wind and solar projects sign 20-year contracts and thermal projects (gas-fired and biomass-fired) sign 25-year contracts.

The Ministry of Investment and Foreign Trade of Uzbekistan has signed a mandate with IFC (part of the World Bank Group) to develop up to 900 MW of solar power capacity through public-private partnerships (PPPs). The Central-Asian country will launch a tender for two solar power projects rated up to 200 MW each in the coming months. The remaining 500 MW will be offered in another round later on. …

The German Federal Network Agency has disclosed the results for the latest renewable capacity tenders that have closed on 1 October 2019. The wind auction gathered 25 bids totalling 204 MW (only 30% of the offered 675 MW).

Gazprom has started to fill with gas the first of the two Turkstream offshore pipelines. This is the last step before the commissioning of the first segment of the pipeline that is expected to be achieved by the end of 2019. …

According to the Greek Wind Energy Association Eletaen, at least 1,170 MW of new wind capacity should be added between 2019 and 2023 for a total investment of €1.2bn. Under the medium-case scenario, wind project developers should invest €1.3bn to add 1,310 MW of new capacity by 2023, while the most optmistic scenario forecasts the installation of 1,490 MW for a total investment of €1.5bn. …

According to the Federal Government, the World Bank and the International Monetary Fund are set to approve an up to US$3bn loan to expand power transmission and distribution networks in Nigeria. Once approved, the financing would be provided in four tranches of US$750m, starting in April 2020.

Egypt intends to build five concentrated solar power (CSP) plants with a total capacity of 250 MW (5 x 50 MW) for a total investment of US$1.25bn. 70% of the financing from international backers and 10-15% from local banks. …

Energias de Portugal’s renewable subsidiary EDP Renewables (EDPR), Norwegian engineering firm Aker Solutions and WindPower Korea have formed a consortium to build a 500 MW floating wind project off Ulsan in South Korea. US company Principle Power is pulling out of the project, although it will remain a supplier. No commissioning date has been announced. ….