Brazil watch: Tractebel solar startup, Eneva thermo reprieve, Santo Antônio expansion

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Monday, August 18, 2014

Brazilian energy firm Tractebel received regulatory approval for the commercial startup of its 3MW Cidade Azul solar plant in Santa Catarina state.

Located in the city of Tubarão, the facility has 19,424 photovoltaic panels, covering an area of 10ha, Tractebel said in a statement.

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The 30mn-real (US$13mn) plant has the capacity to supply 2,500 homes.

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The country's power regulator Aneel postponed until September 5 the deadline for utility Eneva to finalize a new working schedule for its troubled Parnaíba II thermoelectric project.

The Rio de Janeiro-based firm is seeking the temporary suspension of the plant's supply contracts and recognition of reduced annual revenue, amid fears of a natural gas shortage.

"The terms of the proposal are still being negotiated and the company expects to reach, by the end of the new term, a balanced solution, preserving the project's economic feasibility and the fulfillment of an important power supply contract," Eneva said in a statement.

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Aneel approved the commercial startup of a 69.6MW generating unit at the Santo Antônio hydroelectric plant, according to federal gazette Diário Oficial da União.

Located in Rondônia state, Santo Antônio will boast installed capacity of 3.57GW when completed in 2016.

State-run power firm Furnas holds a 39% stake in the project, alongside Fundo de Investimentos e Participações Amazônia Energia (20%), Odebrecht (18.6%), Andrade Gutierrez (12.4%) and Cemig (10%).