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In 2014, Brazil ranked tenth amongst the countries with the most
total installed capacity of wind power. Since the first successful
onshore wind-exclusive power auction in 2009, much has happened in
the Brazilian renewables market. The rapid development, in
particular as for solar and onshore wind power, is largely due to
factors such as abundant wind and solar resources, the
regulator's long-term planning and an auction-based scheme
awarding long-term power purchase agreements to the winning
bidders. In the following we provide you with a brief overview of
the legal framework in place for tender proceedings related to
renewable sources in Brazil.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
