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Auction

Ecuador to kick-off 500 MW renewables auction

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).

Lowest bid in Tunisia’s 500 MW solar tender comes in at $0.0244

All five offers received by the Tunisian government were under the three-cent threshold. The lowest bid was for a 200 MW solar plant Norwegian developer Scatec intends to build in the Tataouine province.

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Brazil’s Cemig launches its third wind, solar auction

Although the volume has not been disclosed, selected projects in this new auction will be awarded a 19-year PPA.

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Solar at $17.30/MWh in Brazil‘s auction: is it a world record?

Analysts have scrutinized the result of the recent A-4 auction which delivered, in theory, the world’s lowest price for solar electricity from an energy procurement exercise. The two plants in question, however, will sell 70% and 50% of their output outside the power deal signed in the auction.

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Mozambique plans for 60 MW solar deployment

The IFC and the country’s power utility are planning to build small on-grid solar parks across three to five different sites, and are seeking a project consultant.

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Average bids for solar in Argentina “mini” auction reach $57.9/MWh

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.

Oman tenders another 1.1 GW of PV

Through a new procuremente exercise, the Oman Power and Water Procurement company (OPWP) is now seeking developers for the Manah Solar I IPP and Manah Solar II IPP projects with a capacity of 500 MW and 600 MW, respectively. Both plants will be located at Manah which is around 150 km southwest of Muscat.

Italy to hold first 500 MW renewables auction on September 30

According to the new auction schedule approved by the Italian Ministry of Economic Development, three more renewables procurement exercises will be held each year in 2020 and 2021. Through the seven bidding rounds, the Italian authorities seek to allocate approximately 4.8 GW of new power generation capacity.

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Tunisia launches tender for another 70 MW of solar

Through this procurement exercise, the Tunisian government hopes to build six solar plants with a capacity of 10 MW each and ten 1 MW small solar parks.

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China auction allocates subsidies for 22.7 GW of solar with lowest bid of $0.0407/kWh

China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.

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