Brazil to hold another auction including solar in April
The new A-4 auction will be open to thermoelectric, wind, solar and hydro large-scale power projects, which must be operational from 2022.
Argentina allocates 556.8 MW of PV in third round of RenovAr program
The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.
Mexico: Third power auction likely to be more successful, despite too-low prices
In an interview with pv magazine, Santiago Barcón, columnist for Energía Hoy and advisor to Mexico’s Energy Regulatory Commission, talks positively about the results of Mexico’s third power auction, despite final prices coming in lower than expected.
Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh
The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
Increased competition in RE auctions raises risk of mispricing, Moody says
A report from Moody’s Investor Services on the importance of evaluating a series of factors other than declining costs of renewables and economies of scale, when approaching a competitive auction.
Zuma Energía reaches financial closing for two solar projects totaling 337 MW in Mexico
The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.
Mexico’s power auction pre-selects 16 bids with average price of $20.57/MWh and 2.56 GW of combined capacity
According to the auction’s preliminary results, solar may account for 55% of contracted power with 3.0 TWh. Final results will be announced on November 22.
Brazil sets ceiling price of $100/MWh for PV in power auction to be held in December
Solar will have the same ceiling price as thermoelectric and biomass power projects, while wind and hydro will have a maximum price of $83/MWh and $85/MWh, respectively.
