Argentina sells 117 bidding documents for RenovAr Round 2

A total of 117 bidding documents have been sold for Round 2 of Argentina's RenovAr renewable energy programme, the Undersecretariat of Renewable Energy said on Twitter.

Argentina launched the latest tender under the programme in August, targeting 1.2 GW of capacity, including 550 MW of wind, 450 MW solar, 100 MW biomass, 50 MW small hydropower, 35 MW biogas and 15 MW biogas from landfills. The offers will be presented on Thursday.

Citing ministry of energy sources, Cronista.com reported that investor interest has increased in the current tender. The bidding documents sold are 58% more than in the previous round and the offers are expected to at least double the capacity tendered, according to the article.

Round 2 follows two renewable energy tenders held last year, RenovAr 1 and RenovAr 1.5, that awarded contracts to 1.1 GW and 1.3 GW of projects, respectively.

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