Argentina launches 400 MW mini renewables auction

The government of Argentina has launched a “mini-tender” for 400 MW of renewable energy generation capacity, after the exercise was announced in early September.

The auction is the fourth round of the RenovAr program for large-scale renewable energy projects.

The Ministry of Energy and Mines has set a ceiling price of $60/MWh for the solar and wind power generated. Maximum quotas of fiscal benefits for each category of energy were also fixed, at $630,000/MW for wind; $382,500 for PV; $1.12 million for biomass; $2.02 million for biogas; $585,000 for biogas landfill; and $1.26 million for small hydro.

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Salaam Mufti