Argentina launches new tender for 1200 MW of renewables

On Aug 16th, Argentina launched the RenovAr Ronda 2 national auction for the supply of 1,200MW of renewable energy capacity. Through the tender, announced via a resolution in the official gazette, authorities will seek to award 550MW wind, 450MW solar, 100MW biomass, 35MW biogas, 15MW biogas from landfills (waste-to-energy) and 50MW small hydropower capacity. Maximum PPA prices […]

Argentina’s RenovAr projects await investors

Argentina’s RenovAr program is ambitious in scope, endeavoring to grow renewables to 20% of the national energy matrix by 2025. RenovAr held two energy auctions which resulted in 59 auctioned projects totaling 2.4 GW of new renewable capacity valued at $4 billion. However, many companies who bid for these projects are still in search of […]

Argentina releases draft regulations on private PPAs

The Argentine Ministry of Energy and Mining last week published a draft of the regulation on private power purchase agreements (PPAs) in the country between renewable energy producers and large consumers. At present, the Wholesale Electricity Market Administration Company (CAMMESA) is the administrator and only customer of the wholesale electricity market in the country. Once […]

Chile, Mexico, Argentina set to take the lead over Brazil

A new report from Infiniti Research outlines Latin America’s ambitious plans for renewable energy as the region expects to install over 47 gigawatts of new capacity in wind energy alone over the next 10 years. Until recently, Brazil was the dominant player in Latin America’s wind power market, but political and economic instability will likely weaken […]

Argentina to finalize more PPA’s this month

Six bioenergy and small hydro projects that won the RenovAr 1 auction are due to sign their power purchase agreements (PPAs) by March 2, Energia Estrategica said. The other 23 winning projects from that auction round have already concluded their contracts. Energia Estrategica also reported that the government would extend by one more month, till […]

World Bank approves $480m for Argentina renewables sector

The World Bank board of directors approved a $480 million guarantee to mobilize private sector investment in the renewable energy sector and help Argentina meet its goal of twenty percent renewables by 2025. “The support of the World Bank is facilitating progress in our country to achieve in a few months what was not done […]

Argentina to improve policies for small-scale solar and geothermal

Argentina seeks to strengthen its policies for solar PV and geothermal, in an effort to increase its renewable energy and create a local solar industry. A new bill supporting the development of distributed generation is expected to be approved by the lower house in the first half of this year, and coming into effect in […]

Argentina: financing RenovAR

Reposted from National Law Review. 2017 will be a year of truth for Argentina’s ambitious renewable energy program (“RenovAR”), which launched in 2015 and set a mandatory renewable energy target of 20 percent by the end of 2025, with incremental targets every two years. In addition to implementing positive reforms in the energy sector, the RenovAR […]

Argentina: 818 MW of new renewables contracts signed from RenovAr auction

Argentina’s Ministry of Mines and Energy announced on Monday it has signed contracts for 818 MW of new renewable energy with winners from the RenovAr 1 tender. The 16 projects represent almost 72% of the total awards in the first tender round of the RenovAr renewables programme, which reached 1,142 MW. More details on the […]