Argentina Plans First Renewable Energy Auction In October, For 1 GW
Argentina has announced details of its first renewable energy tender, scheduled to take place in October of this year.
Rules for the first-ever renewable energy auction in Argentina were recentlyannounced by the government. The auction will allocate 1 GW of capacity, including 300 MW of solar capacity. The project size will vary between 1 to 100 MW.
According to the rules, bids will be accepted by 5 September and projects will be allocated to the developers by 12 October. The developers will have around two years to commission the projects. In addition to solar, wind, biomass and small hydro power technologies will also be represented at the auction.
Earlier, Argentine Minister of Mines and Energy Juan José Aranguren stated that projects are likely to have installed capacities between 10 MW and 40 MW, with wind energy projects likely to dominate the auction.