Renewable energy projects will be able to access the credit lines of BRDE and Badesul, as part of a series of measures implemented by the regional government to promote renewables.
The project is located in the municipality of Usagre, in the southwest of Spain.
The solar auction first planned for July has been officially cancelled and the auction planned for October has been delayed until December 16.
Definitive rules for the auction have been published, along with a new timetable. Bids will be selected in October. The quota for 300 MW of PV projects has been maintained.
180 MW of solar projects have been authorized under the market system in the south of the nation. Additionally, 68 licenses for solar projects are being processed, which total more than 2 GW of potential.
IHS highlights the relevance which public auctions have acquired for the growth of solar PV in Latin America. Argentina is among the new PV markets in the region, where a new renewable energy auction was recently launched with a quota of 300 MW of solar.
The capacity of installed solar PV has reached 1.27 GW-AC. The capacity of installed non-conventional renewable energy is around 3.12 GW.
The agreement between Bancomext, KfW and GIZ has a special focus on solar and on financing large solar PV projects.
Developers had petitioned ANEEL to modify the timeline for projects awarded in the first national solar PV auction, which was held in 2014
The capacity of installed PV has reached 1.22 GW-AC, and projects under construction represent another 1.90 GW.
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