The stakeholders will meet to discuss details in December.
The president of Brazil's solar power association, Rodrigo Saiua, spoke to BNamericas about the next energy auction and the market's expectations.
The agreement seeks to secure water for the irrigation of 120,000 hectares near the lake, in addition to efficient and sustainable use of the water.
Works include seven 115kV power lines and two substations, according to state utility Corpoelec.
The agreement is designed to enable power transmission projects in Brazil's south region.