Argentina’s ambitious project to secure 20% of its electricity from renewables continues to attract the attention of developers. In a recent auction for 550 MW, the country’s energy and mines ministry received bids for 3.8GW of wind capacity and more than 5GW of solar PV projects.
The 228 offers, which are subject to a ceiling price of $56.25/MW, are due to be opened on 23 November.
Cement producer Petroquimica Comodoro (7 projects, 556MW) entered the largest number of bids, with power generator Central Puerto (5 projects, 443MW), renewables developer Genneia (5 projects, 348MW), and MSU Energy (3 projects, 191MW), also entering proposals. Other participants include aluminium producer Aluar, oil firms Pan American Energy and YPF, as well as international companies such as Acciona, Enel Green Power, Envision Energy and General Electric.
