Solar power is second cheapest source of energy in Argentina’s power auction, media
5.10.2016: According to news agency »Bloomberg«, wind was the cheapest source of energy in Argentina’s latest power auction. The minimum price for wind power reached $49.10 per MWh, while solar power came in at $59 per MWh (biomass $110; hydropower $111.10). The government said it will announce the winners on October 7, five days earlier than it had initially planned.
Renewable energy developers applied to sell 6,366 MW of power in the October auction, more than six times the amount the government plans to sell. Solar projects represented 2,834 MW, says »Bloomberg«, citing Sebastian Kind, undersecretary for renewable energy at the Argentina’s Energy Ministry. Wind farms accounted for 3,478 MW, while biogas and biomass each had 53 MW.
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Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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