Argentina awards 1,408 MW of renewable energy projects

The Argentine government has awarded 1,408 MW of renewable energy projects, promising to increase the capacity to 2,000 MW in the coming months. The auction comprises capacities of 665.8 MW from wind power plants, 556.8 MW from solar power plants, 117.2 MW from biomass and 48.1 MW from biogas in the first phase of the RenovAr programme. An additional 600 MW will be tendered in the second phase of the programme. The winning bids were mostly from Argentine companies including state-run YPF Energia Electrica and Central Puerto, which have won the wind projects. The government expects investments of $2.5 billion to $3 billion in the projects.

GET ACCESS TO OUR ARTICLES

Enter your email address