Argentina contracted 765MW of wind power and 516MW of solar PV via Round 1.5 of its RenovAr renewable energy programme, as average prices fell to around $54/MWh for both technologies.

Competition again brought down prices from the $59.75/MWh cap and the average costs for solar and wind registered at Round 1. Solar was contracted at an average $54.94/MWh, with winning bids coming as low as the $48/MWh offered by provincial power company EMESA.

Wind