Overall, 31 renewable energy projects have pre-qualified for the final phase of the auction. The outcome of the procurement exercise will be announced on July 22. Around 300 MW of capacity will be allocated.
Some 56 bids were submitted for the fourth round of the RenovAr program for large scale renewables. Projects will be selected on July 22. With this procurement the Argentinian government wants to allocate a total of 350 MW of solar and wind generation capacity, with a 10 MW size limit per project.
The fifth round (Ronda 4) of the RenovAr program for large-scale solar and renewables will be held by the end of the year, according to the Argentinean Minister of Renewable Energy, Sebastián Kind. The procurement exercise will also include grid infrastructure projects.
Having put key PV projects into commercial operation, the company is capitalizing on their production. Scatec also has twice its current installed capacity under construction and nearly fourfold that amount – more than 4 GW – in the pipeline as 2018 expectations were surpassed.
The funds will be used by the Argentinian government for solar and other renewable energy projects selected in the third round of the program. The guarantee package was approved by the World Bank in March.
At the weekend’s G20 summit, a framework agreement for the project expansion was signed by project initiator Jemse SE and Chinese partners Power China and Shanghai Electric. The plant expansion will include the deployment of storage capacity. The project is one of two PV plants, totaling 400 MW, selected in round one of the RenovAr program for large-scale solar and renewable energies.
Through the tender, the province’s state-owned power provider Empresa Provincial de la Energía (EPE) intends to select PV power projects not exceeding 5 MW in size, and wind farms up to 10 MW. Selected projects will be awarded a 20-year PPA.
The new decree, which regulates the law for DG promulgated at the end of 2017, is intended to support distributed generation of renewable energy sources under net metering. The fund for DG, though, has shrunk by half in value thanks to currency depreciation.
The mini-tender will be held under the RenovAr program for large-scale renewables, but will be limited to projects not exceeding 10 MW in size. The quota for solar and wind will be around 350 MW. Auctions for projects larger than 10 MW were suspended by the Argentinean government in early August.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.