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Argentina awards 1.41 GW in RenovAR 2 tender

Wind turbine in Argentina. Author: PABLO GONZALEZ.

November 30 (Renewables Now) - The Argentine government on Wednesday awarded 1,408.7 MW of renewable energy capacity under round 2 of its renewable energy programme, RenovAR.

A total of 66 projects were selected under the latest tender, including 8 wind projects, representing 665.8 MW of capacity at an average price of USD 41.23 (EUR 34.80) per MWh.

More details on the awarded sources can be seen in the table below.

Source Number of projects Capacity Average price in MWh
Wind 8 665.8 MW USD 41.23
Solar 12 556.8 MW USD 43.46
Biomass 14 117.2 MW USD 106.73
Biogas 20 35 MW USD 156.85
Small hydro 9 20.8 MW USD 98.89
Landfill biogas 3 13.1 MW USD 129.18

Overall, this round received 228 offers, representing 9,403 MW of capacity, way above the 1,200 MW sought, the country's energy ministry said. The full list of winners can be seen here: (https://www.argentina.gob.ar/sites/default/files/20171129_renovarr2-adjudicacion_prensa.pdf)

After completing rounds 1, 1.5 and 2, Argentina has now awarded 3,832 MW of renewable energy capacity under the RenovAR programme.

(USD 1 = EUR 0.844)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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