Brazil''s first battery storage auction pushed to second half of 2025
The auction was initially scheduled for June. However, Mr. Barral said the unprecedented nature of the initiative, along with the broader schedule of energy sector
REUTERS/Marta Nogueira/File Photo Purchase Licensing Rights BRASILIA, Aug 22 (Reuters) - Brazil's government plans to solicit two rounds of bidding next year for hydroelectric and fossil-fuel thermal power plants to supply generating capacity, according to the country's official gazette published on Friday evening.
The launch of a dedicated BESS auction in Brazil could help boost the growth of the technology in the country and further enhance the use of renewables such as solar PV and wind.
Image: A BESS project in Brazil from ISA CTEEP. The Brazilian Minister of Energy and Mining has unveiled an auction for battery energy storage projects to be held in 2025.
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