El Salvador has published the rules for a highly anticipated auction of renewable energy projects, in which 170 MW of renewable energy in solar and wind will be bid on.
The rules are being released over a month late, delayed because greater capacity for wind has been added to the auction. Currently 100 MW is planned for solar PV and wind capacity was increased from 50 to 70 MW. According to the rules, the initial date of supply for PV projects awarded in this second contest will be April 1, 2019. PV projects between 5 and 50 MW will be eligible to participate, and winning projects will be awarded 20-year supply contracts. The new timeline states that the auction will be resolved at the end of December. Currently the opening for financial bids is set for December 28
Read the full article in PV Magazine.
