Extending deadlines for auction-backed projects would help developers struggling to line up financing after months of political swings and economic adversity, says trade body CADER
‘MiniRen’ auction awards PV players 96.75MW of the 128MW they had collectively bidden for, with 13 projects contracted at average tariffs of US$57.59/MWh.
Firm marks launch for auction-backed Cafayete project it bought in March 2018, with construction handled by EPC specialist Powerchina.
PV applicants for support under small-scale scheme table bids at average prices of US$57.9/MWh, government reveals just days before auction takes place.
Brasilia sets BRL276.00/MWh (US$69.31/MWh) ceiling solar price for June auction, while Buenos Aires records 128MW of PV bids ahead of July tender.
Argentina’s Ministry of Energy and Mining has launched a new 1.2GW renewable energy auction calling for 450MW of solar PV and 550MW of wind, under Round 2 of its RenovAR Programme.
Work has begun on a 42MW PV project located in the Argentine province of La Rioja.
The World Bank has approved a 20-year US$480 million guarantee for Argentina’s flagship renewable energy plan, known as the RenovAr programme.
The board of the Green Climate Fund (GCF) has approved a loan of US$130 million for projects awarded in Argentina’s RenovAr renewable energy programme.