
The Australian Renewable Energy Hub, formerly Asian Renewable Energy Hub (AREH), is a proposal to create one of the world's largest plants in the region of . After several revisions of the original project concept, in January 2023 the approved a revised set of seven projects, totalling 26 GW of wind and solar capacity that would be used to produce , to be exported by conve.

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Administered by CAMMESA, the tender offers $10 per MW for supplied electricity, with storage bids capped at $15,000 per MW monthly. Contracts will run for up to 15 years from authorization or until January 1, 2027.

Auctioning 2,310GWh per year to supply energy needs for a period of 15 years from 2026, the tender closed with average prices of US$23.78/MWh, 27% lower than the country’s auction in 2017.