Ecuador unveils developer shortlist for first ever major solar venture
pre-selected to bid for a contract for the 200MW El Aromo solar project along Ecuador’s coast, according to the government. Also part of the shortlist
Nov 18, 2019 // Plants, Large-Scale, Commercial, Ecuador, Total Eren, pv power plants, tender, solar pv, South america, Latin america, neoen, Solarpack
Bidders line up for Ecuador renewables auction
Ecuador’s Ministry of Energy and Non-Renewable Natural Resources has announced 22 companies were pre-qualified to participate in a renewables auction launched at the end of July. Companies from Italy, France, Spain, the United Kingdom, Canada, China, the United States, Portugal, Colombia and Germany now have until November 13 to provide further documentation relating to their bids. The auction will allocate capacity at the 200 MW El Aromo solar project in the province of Manabí plus two dozen small solar, wind and hydroelectric projects with an aggregate 200 MW of further capacity. In terms of large scale wind power, the exercise will also allocate capacity at the 46 MW Villonaco II project and the 56 MW Villonaco III facility, in Loja province. “There will also be a separate round for the Galapagos Islands with small projects and storage,” said Carlos St. James, a director of the Latin American & Caribbean Council on Renewable Energy, in July. Hold-ups The ministry, which had delayed Monday’s deadline for the delivery of pre-qualification documents a month, has pushed back the announcement of the results of the procurement almost seven weeks, from February 28 to April 15. The off-taker of the renewable energy generated by all the projects will be the state-owned Corporación Eléctrica de Ecuador SA. The El Aromo solar project will be awarded a 20-year power purchase agreement and the wind projects will land 25-year deals. Under the terms of the exercise, the projects will be built and operated by private developers for a period of time before ultimately being transferred to state ownership. International Renewable Energy Agency statistics indicate Ecuador had only 26 MW of solar generation capacity at the end of last year, most of it in the form of a 20 MW facility developed in 2014.
Nov 1, 2019 // Markets & Finance News, Ecuador, South america, auction, Carlos St. James
Ecuador to kick-off 500 MW renewables auction
Ecuador’s government will launch an auction for large-scale renewable energy projects at the end of July, through which it intends to allocate around 500 MW of power generation capacity. In a statement to pv magazine, Carlos St. James, a board member of Latin American & Caribbean Council on Renewable Energy (LAC-CORE) that is advising the Ecuadorian government on the procurement exercise, said there will be three separate rounds: one for two wind power projects, the Villonaco II and Villonaco III, with a capacity of 46 MW and 56 MW respectively; another one for the 200 MW El Aromo solar photovoltaic project; and a third one for two dozen smaller wind, solar and small hydro projects with a combined capacity of 200 MW. “There will also be a separate round for the Galapagos Islands with small projects and storage,” he further explained. Selected projects will be granted a 25-year PPA, while the sole off-taker of the generated energy will be Ecuador’s state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC). “Lowest bid offers coupled with quickest commercial operation (COD) dates will win,” St. James added. “Prices should be in line with auctions that were recently held in Argentina,” he also said. The projects will be built under the Build, Operate and Transfer (BOT) mode, and after the PPA expires, CELEC will become the facilities’ owner. A private investor meeting will be organized by LAC-CORE at the end of August in the Ecuadorian capital Quito. CELEC currently has an installed power generation capacity of around 6.4 GW, consisting of 70% hydropower and 30% thermal. According to the latest statistics of the International Renewable Energy Agency, Ecuador had an installed PV capacity of only 26 MW. Most of this capacity comes from a 20 MW project which was commissioned in 2014. This means that not a single utility-scale solar plant has been connected to the country’s grid over the past five years.
Jul 24, 2019 // Large-Scale, Commercial, PPA, Ecuador, Villonaco II, Villonaco III, El Aromo, CELEC, Corporacion Electrica de Ecuador, South america
Ecuador kicks-off 60 MW solar tender
Ecuador's Ministry of Energy and also Non-Renewable Natural Resources is tendering for 200 MW of renewable energy generation capacity. The federal government is seeking proposals for 2 30 MW solar energy tasks as part of the procurement exercise. The Engunga 1 and also Tugaduaja 1 solar projects will be created in either Santa Elena or Guaya provinces and also interested developers can participate in a pre-feasibility research study. The tidy energy facilities will certainly be constructed under Ecuador's exclusive investment stimulus plan, which includes an exception from currency discharge tax as well as a 12-year exoneration from revenue tax-- 8 years if in Quito or Guayaquil. The International Renewable Energy Agency estimates Ecuador had 28 MW of solar capability at the end of 2019, most of it in the form of a 24 MW solar park tendered in 2013. Some 4.4 GW of hydropower generation accounts for more than half the nation's 8.2 GW power ability, with thermal power plants providing 2.4 GW.
Sep 9, 2020 // Markets & Finance News, Ecuador, tender, South america
Ecuador govt puts up to tender 500 MW of renewables, various other power projects
natural resources stated. The projects can be located anywhere in Ecuador depending upon the source and also on the offered link indicate the National
Sep 21, 2021 // Plants, Ecuador, tender, South america
Ecuador names winners of 500-MW renewables tender
Ecuadorean ministry of energy and mining stated on Friday that the complying with business had been chosen for the awards: France's Neoen SA (EPA: NEOEN) as well
Apr 10, 2023 // Markets & Finance News, Ecuador, tender, South america
5 bidders for Ecuador's solar+ storage tender
Ecuador's Ministry of Energy as well as Non-Renewable Natural Resources has shortlisted five prospective buyers in a tender for a 14.8 MW/40.9 MWh solar+storage facility introduced in June. The results of the tender will certainly be disclosed at the end of the very first quarter of 2021. Canadian Solar Conolophus-- a system of Chinese-Canadian solar manufacturer Canadian Solar-- took part in the tender. Various other prospective buyers consisted of a Spanish-French consortium created by Gransolar and Total Eren, French renewables developer Voltalia S.A, Norwegian solar developer Scatec Solar, and also a consortium led by South Korea's Woojin Industrial Systems as well as Australian battery manufacturer EnergyFlex. The Conolophus project is designed to lower diesel intake on Santa Cruz Island in Galapagos National Park, along with the surrounding island of Baltra. It is the 3rd project of its kind for the archipelago. One more 1 MW project, including a 2.2 MWh battery storage space system, was revealed two years ago. The project has the financial backing of the Korean Institute of Development as well as Technology (KIAT). One more project under the KIAT program is a PV installment with storage, constructed by Siemens on Isabela Island. The firm completed among the globe's initial 100%-renewable island power systems in October 2018. The $13 million project-- part of the government's Zero Fossil Fuels on Galapagos plan-- features more than 3,000 polycrystalline PV components from Chinese maker Trina Solar, for 952 kW of PV ability.
Aug 26, 2020 // Plants, Large-Scale, Commercial, Storage, Ecuador, tender, South america, solar+storage
Ecuador raises capability in renewables tender to 500 MW
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.
Jul 19, 2021 // Commercial, Markets & Finance News, Ecuador, tender, South america
Colombia backs PV plant as president touts clean energy shift at UN summit
with countries including Chile, Peru, Honduras, Costa Rica, El Salvador, Ecuador, Guatemala, the Dominican Republic and Haiti,” Duque
Sep 25, 2019 // Plants, Large-Scale, Commercial, Canadian Solar, pv power plants, pv modules, South america, auctions, policy and regulation, tenders, Colombia, Iván Duque
Tender introduced for 14.8 MW/40.9 MWh of solar+ storage in Ecuador
Ecuador's Ministry of Energy and Non-Renewable Natural Resources has launched a tender for the building of a 14.8 MW/40.9 MWh of solar+storage facility. The Conolophus job will lower diesel consumption on Santa Cruz Island in Galapagos National Park, along with the nearby island of Baltra. Interested developers had until Tuesday of this week to pre-qualify for the purchase exercise. The tender final results will certainly be introduced at the end of the initial quarter of 2021. "The project becomes part of a personal campaign," the federal government claimed in March, when the job was first announced. It is the third job of its type for the archipelago. Another 1 MW job, consisting of a 2.2 MWh battery storage system, was announced 2 years ago. The project has the financial backing of the Korean Institute of Development and Technology (KIAT). One more project under the KIAT program is a PV installment with storage, developed by Siemens on Isabela Island. The firm finished among the globe's very first 100%-sustainable island power systems in October 2018. The $13 million project, part of the government's Zero Fossil Fuels on Galapagos policy, features more than 3,000 polycrystalline PV components from Chinese producer Trina Solar, for 952 kW of PV capacity.
Jun 18, 2020 // Plants, Markets & Finance News, Storage, Ecuador, tender, South america, solar+storage
Spain's Solarpack indicators concession for 200-MW solar project in Ecuador
of Sunday, came virtually two years after Solarpack secured the project in Ecuador's tender for new renewable resource plants. The honor qualified the company to
Sep 19, 2022 // Plants, Large-Scale, Commercial, Spain, Ecuador, South america, Europe, Solarpack, Solar Project
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