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Auctions

  • Peru auction pushed to 2018; 2016 projects have to be realized before next auction

    April 20, 2017

    Peru’s Minister of Energy and Mines, Gonzalo Tamayo said that no renewable energy auction will be held this year. The announcement was given in an interview with local financial newspaper El Comercio, which reported that the next auction would likely take place in 2018. The minister said that the auction expected for this year was […]

  • Chile: Solar prices likely to keep falling

    April 3, 2017

    Chile’s next auction in October will see prices continuing to fall, according to the company who set records for lowest solar PPA last year.  “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, […]

  • El Salvador: Contracts signed for 170 MW of solar and wind

    March 29, 2017

    El Salvador’s power distributors have this week signed contracts for the winning projects in the country’s renewable energy auction, which was held by the government in January. Among the projects are four PV plants with a combined capacity of 119.9 MW. The auction ended with an average price of $51.48/MWh. This is the lowest price […]

  • Panama solar market booming, will triple solar PV capacity

    March 14, 2017

    Panama added 46 MW of new large-scale PV capacity in 2016, according to local regulator Autoridad de los Servicios Públicos (ASEP). Seven ground-mount PV plants ranging in size from 500 kW to 10 MW were connected to the local grid, thus bringing the country’s cumulative PV capacity to 89 MW. According to ASEP’s figures, PV […]

  • Mexico’s 3rd tender coming in April

    February 20, 2017

    After two successful tenders, Mexico will announce its third auction for power, capacity and clean energy certificates on April 28, said the head of the National Energy Control Centre (CENACE) as reported by Renewables Now. The process is to be completed by mid-October, Eduardo Meraz Ateca said at a ceremony dedicated to the signing of […]

  • Mexico achieves lowest median price for solar energy

    February 6, 2017

    In total contracts for 1.8 GW of PV projects awarded in Mexico’s second Clean Energy Auction have been signed, according to Mexican solar association Asolmex. The median price for solar is around US$31.70 per megawatt-hour (MWh) in the auction, the lowest median price to date in the world. In the first auction, which was resolved in […]

  • Chile announces auction for October 11, 1,620 GWh up for bid

    January 30, 2017

    The Chilean government has published the guidelines of the new electricity tender, which will auction 1,620 GWh annually in the daylight block. Throughout the 2017/01 Supply Tender, which covers the needs of the regulated customers, 4,200 gigawatts per year are to be auctioned altogether, according to the definitive guidelines published on Thursday. The winning projects […]

  • El Salvador: $49/MWh solar in latest auction to bring 170MW wind and solar

    January 13, 2017

    Five projects totaling 169.9 MW comprising solar and wind projects were awarded this week in El Salvador’s second renewable energy auction. Winning bidders included a 50 MW wind project at $98.78/MWh and 119.9 MW of solar PV projects ranging from $49.55 – $67.24. According to El Salvador’s National Energy Board (CNE), the awarded projects will represent […]

  • Brazil cancels only wind and solar auction of the year

    December 15, 2016

    Brazil’s Ministry of Energy and Mines has cancelled the wind and solar auction scheduled for Dec 19 due to oversupply, says a spokesman from MEM. In a previous solar and wind auction in July, the MEM postponed the solar auction to December, but solar and wind have both been effectively removed, making this the first […]

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