San Juan PV projects of 285 MW compete in Argentine auction
Solar panels. Author: John S. Quarterman. License: Creative Commons, Attribution 2.0 Generic.
San Juan province’s energy firm EPSE is competing in Argentina’s 1-GW renewables auction with eight solar projects of a combined 285.5 MW, it said Monday.
ESPE (Energia Provincial Sociedad del Estado) submitted bids in partnership with local and international companies, whose names are currently confidential. Total of USD 428 million (EUR 389m) would be invested in the solar projects in Ullum if these are realised.
Victor Dona, head of ESPE, said it is understood that there are other bids for projects in San Juan, not connected to the provincial energy company.
Competition in the tender will be significant as the government has received bids with a combined capacity of 6,336 MW, including 2,834 MW from solar companies. Argentina previously said it targeted 600 MW of wind and 300 MW of solar, while the rest was planned for bioenergy and small hydro.
ESPE’s partners in renewable energy projects need to finance the construction of the plants and operate them. The province is in charge of the land and grid connection, and also receives a share of the power generation revenue.
The winners in the auction will be announced on October 12. The economic bids will be opened on October 7.