Auctions - New Energy Events

Auctions have driven 80% of current renewable energy capacity in LAC
March 11, 2020
On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for Financing Renewable Energy Projects which found that over 80 percent of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders […]
Colombia awards 2.2 GW of solar and wind in first auction
November 6, 2019
Colombia’s National Mining and Energy Planning Unit allocated 2.2 GW of solar and wind power generation capacity in the country’s first renewable energy auction, which was finalized yesterday. The exercise’s final average price was COP95/kWh ($0.027), and the highest bid reached only COP110. The authority said the auction will enable the country to raise its […]
27 companies will participate in Colombia’s auction for large-scale solar and wind projects
September 18, 2019
The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina. A few Colombian power distributors will also participate in the […]
El Salvador launches auction to procure 28 MW of solar and biogas
June 6, 2018
El Salvador just launched an auction to procure 28 MW of renewable energy. Eligible projects will include solar PV – ground-mounted and rooftop – up to 2 MW in size and biogas projects not to exceed 1 MW. Consejo Nacional de Energía (CNE), El Salvador’s energy regulator, is the authority managing the auction, and expects […]
Colombia announces plans for first renewable auction
November 8, 2017
Colombia’s Minister of Mines and Energy, Germen Arce Zapata, announced on Friday that the country will hold its first auction for large-scale renewable energy before the current government term ends. The planned tender, which will negotiate contracts for solar, wind and biomass sources, should take place by May 27, 2018, when the next presidential elections will be held. This […]
Argentina renewables tender oversubscribed
October 25, 2017
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 […]
El Salvador announces upcoming renewables auction
October 25, 2017
El Salvador’s energy regulator, Consejo Nacional de Energía (CNE), is expected to hold an auction for for solar and biogas power by January. The announcement came via CNE’s twitter account, which gave a preview of the auction to be expected in the coming months. Luis Reyes, executive secretary of the CNE, noted that details are […]
Mexico releases rules for November renewables auction
May 9, 2017
The Mexican government has published the first version of the bidding rules for the third renewable energy auction. The auction, which will be held in November, is open to solar and different “clean” technologies. Through the auction, the Mexican government will award capacity, clean energy certificates (CEL) and contracted power. Projects selected in the auction […]
Mexico’s third auction in November
May 2, 2017
Mexico’s energy ministry has announced that the next renewable energy auction will be held in November. In this auction, which is the third of this kind to be conducted in Mexico, selected projects will be entitled to sell power to more entities, and not only to the local utility Comisión Federal de la Electricidad (CFE), […]