The Argentinean government announced that its first round of renewable energy project auction capacity of 1.1GW, of which 400MW for solar power generator projects. The second round ( "Round1.5") tender will be held in November, of which 200MW for the PV project.
In the first round, wind energy and solar energy accounted for 90 percent of the bid, with an estimated investment of US $ 1.8 billion and an average auction price of approximately US $ 59.6 / MWh. Photovoltaic average price of about $ 59.75. Salta project which is 58.98 US dollars, in Jujuy three projects for 60 dollars.
One project in Jujuy includes three 100-megawatt PV plants. The project partners are China Power Group, Shanghai Electric and Talesun, with an estimated investment of US $ 340 million.
A government also announced that items submitted for the first round of bidding could also participate in the second round of auctions to be held in November. There will be 200 megawatts of solar energy in the round.
The government's request for site selection is that 100 megawatts must be located in the northeastern region. The deadline for acceptance of tender documents is November 25, opening day for the month 25.
The target for renewable energy in Argentina is 20 percent for 2017, up from 8 percent by 2025.
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