Cemig opens bidding for the purchase of renewable energy

Minas Gerais energy company launches auction to purchase solar or wind energy

A Cemig will purchase electricity from an incentivized source, coming from solar and wind generation projects. Registration is now open and continues until October 3, 2022.

According to the notice published by the company, deadlines for PPAs (energy purchase contracts) will be for 10 or 15 years, starting in January 2026 and continuing until December 2035 and 2040, respectively.

See information regarding the competition below.

Tabela Cemig
TABLE OF PRODUCT CHARACTERISTICS. Disclosure: Cemig

Also according to Cemig, projects located in the North will be able to participate in the auction, if they make energy available in another submarket. A company He also highlighted that the chosen submarket cannot be changed at any later time, unless agreed between the parties.

Timeline

  • September 23: requests for clarification via email [email protected]
  • October 3: registration ends
  • October 17th: auction held
  • October 25th: results announced
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Canal Solar editorial team
Text produced by Canal Solar journalists.

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