Brazil, Argentina press on with preparations for summer auctions

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Separated by the Iguazu falls, Brazil and Argentina have worked in recent years to boost solar capacity through auctions (Credit: Flickr / Deni Williams)

Renewable auctions across two major Latin American markets remain on track for completion this summer, with solar positioned to reap a sizeable slice of contracts in both.

PV players competing for 20-year PPAs at a renewable tender in Brazil next month will face an initial ceiling price of BRL276.00/MWh (US$69.31/MWh), regulator ANEEL decided this week.

The agency has received the interest of 751 PV projects – representing an aggregate 26.2GW – for the so-called A-4 auction, scheduled on 28 June, which is also open to wind, hydro and biomass

For comparison, wind developers have put forward 751 schemes (23.1GW) and will compete under a lower price cap of BRL208.00/MWh (US$52.23/MWh).

Over the next three years, Brazilian PV will be allowed to bid not only for A-4 PPAs but also — a first in the country – A-6 contracts, through a separate auction also open to coal and gas.

According to PV body ABSOLAR, the industry doubled capacity to 2.3GW in 2018 alone and almost halved prices between auctions of 2014 (US$56.1/MWh) and 2018 (US$30.82/MWh)

128MW of solar ready to bid in Argentina

Tender preparations also marked progress this week south of the border in Argentina, where work is underway for a third round of the RenovAr programme.

The Argentinian government said on Thursday 128MW across 18 solar schemes has been put forward for the small-scale tender of 22 July, which will only accept 0.5MW-10MW projects.

Together with the 154.5MW offered by 12 wind projects, the PV figure would fall short of the 350MW Argentina has set aside for both technologies to compete for.  

REnovAr’s round three will offer PPAs with power market administrator CAMMESA to solar, wind, small hydro, biogas and biomass players .

For solar and wind, bids will start at a ceiling price of US$60/MWh, together with separate caps set at the regional and provincial level.

At 795MW this February, PV installed capacity in Argentina falls short that of Mexico’s 2.5GW and Chile’s 2.13GW. The potentially record-breaking 600MW Cauchari project could narrow the gap going forward, however.

See here for background on Brazil's A-4 auction and here for the latest on Argentina's RenovAr tender

Read Next

September 23, 2021
Russian wholesale electricity market administrator JSC ATS has allocated 775MW of solar PV in the country’s eighth auction round for largescale renewables, which had an average price of ₽5.18/kWh (US$0.071/kWh)
PV Tech Premium
September 13, 2021
Following the release of the US Department’s Solar Futures Study, Liam Stoker assesses the downstream and upstream trends that must be realised for US solar to fulfil its potential.
September 9, 2021
A letter co-signed by more than 750 US organisations has called on US Congress to push through policies to significantly ramp up renewables deployment in the country.
September 8, 2021
Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.
September 3, 2021
Uzbekistan has started the request for qualification stage for a solar tender that will support three projects totalling up to 500MW, including one paired with a battery energy storage system.
September 1, 2021
Vietnam officials have teased new details of a scheme designed to replace the country’s successful solar feed-in tariff (FiT) policy.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021