Ecuador

Bidders from France, Spain, Ecuador as well as Mexico will be granted concessions in Ecuador's tender for the building and construction as well as procedure of 500 MW of renewable energy.

Spanish solar power developer Solarpack has actually signed a concession agreement with Ecuador's power and mining ministry for the 200-MW El Aromo solar farm it is due to construct and also operate in the South American country.

The government of Ecuador on Monday announced it will certainly conduct 3 public choice procedures for new power projects, amongst them a tender to award giving ins for the construction and procedure of 500 MW of renewables.

The federal government of Ecuador has actually elevated the targeted capability in the 2021 renewable resource tender to 500 MW from 200 MW, the ministry of energy as well as non-renewable natural deposits announced on Sunday.

The government is seeking proposals for 200 MW of renewable energy capacity including two 30 MW solar parks to be built in either Santa Elena or Guaya provinces.

The Conolophus project is developed to lower diesel usage on Santa Cruz Island in Galapagos National Park, in addition to the surrounding island of Baltra.

The Conolophus job, to be built on Santa Cruz Island in Galapagos National Park, will certainly reduce regional diesel intake.

Ecuador has identified the handful of top global clean energy developers who will compete to deploy the country’s first ever large-scale solar project.

The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).