ABO Wind markets two 10-MW RenovAR solar projects in Argentina

• German renewables programmer ABO Wind AG (ETR: AB9) on Friday stated it has sold 2 10-MW ready-to-build solar projects in Argentina.

The projects, named Del Amanecer and also Los Alamos, are backed by tariffs protected in Argentina's renewable resource tender round RenovAR 3.

The customer is a European renewable energy company whose name was not divulged in Friday's press release. ABO Wind said the brand-new proprietor plans to start construction in 2021. The German developer would stay along to give building and construction guidance for both projects.

The allowing procedure and also licensing are finalised and also the projects are ready for construction after some 2 years considering that the website was acquired. The plants will be found in the district of Catamarca in the northwest of Argentina.

While the coronavirus pandemic exacerbated Argentina's recurring economic crisis, ABO Wind stated it is nonetheless dedicated to proceeding with project growth in the country.