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Argentina

Genneia acquires 82 MW of PV projects in Argentina

The Argentinean energy company has agreed to buy three utility-scale projects selected by the Ministry of Energy and Mines in the second round (Ronda 1.5) of the Renovar program.

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Canadian Solar buys 97.6 MW project in Argentina

The solar facility, planned to be built in the northwestern province of Salta, was awarded a 20-year PPA in the second round (Ronda 1.5) of the Argentinean program for large-scale renewable energy projects, RenovAr.

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World Bank approves another $250 million guarantee to support renewables in Argentina

This new transaction is intended to support projects selected in Round 3 of Argentina’s renewable energy program for large-scale projects. The funds are expected to leverage private investments for an amount that should be nine times higher than the value of the guarantee.

Argentina grants dispatch priority to three private PPAs for 26 MW of solar

The three projects will all be located in the north of the country, one of the regions with the world’s highest levels of solar irradiation.

Argentina launches tender for supply of 120,000 solar kits

The solar kits will be installed in rural areas with no connection to the country’s power grid.

Argentina: New distributed generation provisions come into force

The publication of the law in Argentina’s Official Journal marks the entry into force of the new rules for the distributed generation of renewable energy sources under net metering.

Argentina awards additional 259 MW of PV in third auction round

The developers of the five newly selected PV projects, which were initially excluded from the round, have agreed to reduce their prices to the levels of those selected in late November. The additional solar capacity has raised the total assigned power for PV up to 816.3 MW.

Argentina grants final approval for new distributed generation law

Under the new rules, which are expected to come into force in the first quarter of 2018, owners of residential and commercial PV systems will be allowed to sell excess power to the grid under a net metering mechanism.

Argentina allocates 556.8 MW of PV in third round of RenovAr program

The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.

Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh

The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.

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