The Ministry of Mines and Energy announced on Monday, 9 July 2018, that concessions for renewable projects would be awarded through a bidding process. The Ministry says the intention is to promote orderly development of renewable energy.
Energy and Mines Minister Antonio Isa Conde said that under the new guidelines the government will decide what its priorities are for green technology, set targets for the amount of energy per green technology, select appropriate locations for the generation of green energy and finally announce and circulate the tenders for the specific green energy projects. Minister Isa Conde said the government seeks to promote the orderly development of renewable energy, with clear and transparent regulations that address any perceived or actual obstacle so that the country can implement effective and efficient green energy.
Isa Conde said the decision was reached at a meeting in which he attended along with the executive director of the National Energy Commission (CNE) Angel Canó and the executive vice president of the Public Electricity Corporation (CDEEE) Ruben Jiménez Bichara.
He said that regarding companies that are in the process of installing capacities, a protocol will be drawn up to define the next steps for these to secure their power purchase agreements (PPAs). The protocol will also cover firms that have been operating without PPAs.
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Ministry of Energy and Mines
11 July 2018
