The five winning bidders were: Spain's Abengoa, Aela Generación (controlled by Ireland's Mainstream Renewable Power and Actis), Chile's Ibereolica Cabo Leones, Amunche Solar, and SCB II SpA.
The winning projects clocked an average price of $76/MWh, down 26% from last year’s tender.
The government had set a $108.13/GWh cap price for the auction.
“This is the result of renewable energy companies trying to be competitive,” says Carlos Finat, president of the Chilean Renewable Energy Association (ACERA).
Thermoelectric
