to-the-point: Ergios to bid in Argentina's RenovAr 2

Ergios SA, the company behind a 23-MW wind project in Cordoba, Argentina, is preparing to bid in the RenovAr 2 renewable energy auction, Energia Estrategica said, citing a company official.

Ramiro Valdes told the news portal there is an option to increase the Los Jagueles project’s capacity to 40 MW. The company is currently assessing financing options and partners.

Ergios has three years of wind speed data for the site and it has made progress with securing the land for the wind park. The company sees the area as perfect for wind, because of the good resource, available transmission infrastructure, and storage capacity at a nearby pumped-storage hydroelectric power plant.

According to a report by Bloomberg from March, Argentina is planning a new renewable energy auction in July or August.

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