‘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.