Ecuador allocates 120 MW of PV in renewables auction – pv magazine International

From pv journal LatAm

Ecuador’s Ministry of Power and Mines (MEM) allotted 120 MW of PV capability within the newest 500 MW renewable vitality public sale, which was launched in December 2021. It initially chosen 345.3 MW of tasks in PV and accepted six bids for photo voltaic crops in dimension. from 3 MW to 50 MW.

For photo voltaic, 5 of the six taking part builders proposed 60 MW tasks. Intiyana submitted a proposal of $0.049877/kWh and AMBI introduced a bid of $0.049876/kWh. Imbabura Photo voltaic, Ñañapura, and Dominion provided $0.0535977/kWh, $0.05961/kWh, $0.066988/kWh, respectively. Esco As submitted a 60 MW photo voltaic mission to promote electrical energy at $0.064985/kWh.

Solely two of those tasks had been finally chosen within the procurement train – the Dominion plant at $0.066988/kWh and the Esco mission supply at $0.064985/kWh.

MEM additionally allotted 150 MW of hydropower capability, 200 MW of put in wind energy, and 30 MW of biomass capability. It mentioned it will likely be awarded a 25-year PPA on wind and photo voltaic tasks and a 30-year deal on hydroelectric amenities.