Financial bids in Argentina’s first large-scale battery storage procurement came in well below the auction price cap, with 232 qualified proposals competing for 700 MW of capacity.

Argentina has opened the economic bids in its AlmaSADI battery energy storage tender after receiving offers for 8,230 MW of projects, more than 11 times the 700-MW target set for…

Financial bids in Argentina’s first large-scale battery storage procurement came in well below the auction price cap, with 232 qualified proposals competing for 700 MW of capacity.