Business · Energy & Commodities · 6 hrs ago
EDF plans to pursue battery, hydropower and grid projects in Brazil
EDF Power Solutions is looking to expand in Brazil through battery storage, hydropower and electricity transmission projects.
The French company plans to compete in Brazil’s first auction to contract batteries for the electricity sector, scheduled for early December.
It also plans to bid in the first 2027 transmission auction, after failing to win in the two most recent auctions.
In hydropower, EDF is considering building small plants, buying existing facilities and exploring pumped-storage projects.
The company already has stakes in two hydropower plants in Mato Grosso and may consider bidding for other large plants if their concessions are offered again.
EDF’s plans could broaden its presence in Brazil’s energy sector, where it is also building a 140-megawatt wind farm in Bahia.
Investment decisions face constraints, including energy-generation cuts in Brazil and the cost of long-term financing.
EDF Power Solutions sees opportunities to expand in Brazil through battery, hydropower and electricity transmission projects.
The company plans to compete in Brazil’s first auction to procure batteries for the electricity sector, scheduled for early December.
EDF expects to take part in the first electricity transmission auction of 2027, seeking to grow a business where it currently has one project.
The company is considering hydropower projects ranging from new small plants to acquisitions of existing facilities.
EDF is building a 140-megawatt wind farm in Bahia and is working to make a second phase viable.
- Who
- EDF Power Solutions, represented by its Brazil CEO, André Salgado.
- What
- The company plans to pursue battery, hydropower and electricity transmission projects in Brazil.
- When
- Salgado discussed the plans on Tuesday, October 27; battery and transmission auctions are planned for early December and 2027, respectively.
- Where
- Brazil.
- Why
- EDF sees opportunities to grow its business in the country.
This story does not have two clearly opposing sides.
EDF took part in both but did not win.
André Salgado said EDF sees opportunities in batteries, hydropower and transmission in Brazil.
Brazil’s first auction to procure batteries for the electricity sector is scheduled, and EDF intends to compete.
Salgado said EDF would take part in the transmission auction; the article identifies the first such auction of 2027.
- Battery auction
- Brazil’s first procurement auction for batteries is scheduled for early December.
- Transmission business
- EDF currently has one transmission project in Brazil.
- Hydropower
- EDF holds stakes in two hydropower plants, both in Mato Grosso.
- Wind project
- EDF is building a 140-megawatt wind farm in Bahia.
What people are saying
We have developed battery projects in several regions of Brazil... All engineering and technology support comes from our headquarters in France, which already has a lot of experience. We have several installations in the United Kingdom.
We took part in the last two auctions, were in the running to win, but did not succeed... In March we will be there [at the auction], to continue growing.
We had the start of discussions about pumped-storage hydropower, which is something else the EDF group has a lot of experience with abroad and can contribute that experience to Brazil. So we are looking at various activities.