“Being Argentina, there are a lot of challenges to overcome, including political risk,” says Brian Gaylord, senior Latin American wind power analyst at Make Consulting, speaking before the final list of winners was announced on Friday.

Initial results indicated that 2.3GW of solar bids from 22 companies and 2.8GW of wind bids from 26 companies were qualified. Prices averaged $76.9/MWh for solar and $69.5/MWh