{"id":629867,"date":"2023-04-14T06:15:00","date_gmt":"2023-04-14T11:15:00","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/14\/ecuador-allocates-120-mw-of-pv-in-renewables-auction\/"},"modified":"2023-04-14T06:15:00","modified_gmt":"2023-04-14T11:15:00","slug":"ecuador-allocates-120-mw-of-pv-in-renewables-auction","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/14\/ecuador-allocates-120-mw-of-pv-in-renewables-auction\/","title":{"rendered":"Ecuador allocates 120 MW of PV in renewables auction"},"content":{"rendered":"
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The government of Ecuador has allocated 500 MW of renewable energy capacity in its latest procurement exercise. The selected developers secured 25-year power purchase agreements (PPAs).<\/p>\n

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Image: Pablofiguetru, Pixabay<\/i><\/p>\n

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From pv magazine LatAm<\/a><\/strong><\/p>\n

Ecuador’s Ministry of Energy and Mines (MEM) has allocated 120 MW of PV capacity in its latest 500 MW renewable energy auction<\/a>, which was launched in December 2021. It originally preselected 345.3 MW of PV projects and accepted six bids for solar plants ranging in size from 3 MW to 50 MW.<\/p>\n

For solar, five of the six participating developers proposed 60 MW projects. Intiyana submitted an offer of $0.049877\/kWh and AMBI presented a bid of $0.049876\/kWh. Imbabura Solar, \u00d1a\u00f1apura, and Dominion offered $0.0535977\/kWh, $0.05961\/kWh, $0.066988\/kWh, respectively. Esco As submitted a 60 MW solar project to sell power at $0.064985\/kWh.<\/p>\n

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Popular content<\/h3>\n<\/div>\n

Only two of these projects were ultimately selected in the procurement exercise \u2013 Dominion’s plant for $0.066988\/kWh and Esco’s project offer of $0.064985\/kWh.<\/p>\n

The MEM also allocated 150 MW of hydropower capacity, 200 MW of installed wind power, and 30 MW of biomass capacity. It said it will award 25-year PPAs to the wind and solar projects and 30-year deals to the hydroelectric facilities.<\/p>\n

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: ed*****<\/span>@*********<\/span>ne.com<\/span><\/a>.<\/p>\n<\/div>\n<\/div>\n

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\n Luis Ini<\/p>\n","protected":false},"excerpt":{"rendered":"

The government of Ecuador has allocated 500 MW of renewable energy capacity in its latest procurement exercise. The selected developers secured 25-year power purchase agreements (PPAs). April 14, 2023 Luis Ini Image: Pablofiguetru, Pixabay From pv magazine LatAm Ecuador’s Ministry of Energy and Mines (MEM) has allocated 120 MW of PV capacity in its latest […]<\/p>\n","protected":false},"author":1,"featured_media":629868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40268,99496,534],"tags":[],"class_list":{"0":"post-629867","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allocates","8":"category-ecuador","9":"category-financial"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=629867"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/629868"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=629867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=629867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=629867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}