Ecuador receives only one bid for Galapagos solar-plus-storage project

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March 8 (Renewables Now) - Ecuador’s ministry of energy and non-renewable natural resources has received only one bid in the international call for tenders for the construction and operation of the Conolophus solar-plus-storage plant in the Galapagos Islands.

On Friday, a ministry commission held a public event to open envelopes containing technical offers for the 14.8-MW /40.9-MWh solar-plus-storage project, finding only a bid from Gransolar, according to the ministry’s press release that day.

Ecuadorian renewables investment firm Gransolar, in partnership with French independent power producer Total Eren, was named by the ministry as one of five bidders pre-qualified to take part in the selection process. The other four were Canadian Solar Conolophus, Voltalia SA (EPA:VLTSA), Woojin Industrial Systems and Scatec Solar-Energy Flex, it was announced last August.

The opening of envelopes with the economic offer will be held on April 26. The ministry expects to declare the winner or void the tender process on May 3.

The government of Ecuador is expecting the Conolophus project to attract some USD 45 million (EUR 37.9m) in private investment and is offering a concession, a power purchase agreement (PPA) and tax breaks, among other incentives.

(USD 1.0 = EUR 0.842)

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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