Already present in half a dozen Latin American countries, Italian solar developer Thesan sees Argentina as a new frontier as the country becomes more attractive thanks to the RenovAr program and two successful electric power tenders, although challenges remain.
With the country’s RenovAr program well underway, Argentina plans to introduce distributed generation policy in 2018, providing a further boost to solar development.
With contracts signed in January for the first solar projects awarded in Argentina’s renewables tender, the north-western province of Salta is about to make its mark on the country’s solar map. Salta will be one of the focus regions during the El Futuro Solar Argentina conference (Buenos Aires, 28-30 March) and the province’s Electricity General Director, Jorge H. Giubergia, will take the stage to present his Energy Secretariat’s vision.
Argentina launched its renewable energy drive with the RenovAr program in May, with the first round of the process aimed at adding 1 GW of capacity to the country’s grid now complete, garnering an enthusiastic response among developers, but challenges lie ahead.
With no further doubts, the holdout settlement is a milestone for Argentina’s endeavors to rise again after the economic and political crisis in the early 2000s. Yet, it is only the first item on the agenda of the Macri administration, which has more ambitious plans set up for the country. Renewable energy is the next major target.
A record-breaking El Niño weather phenomenon could force Latin American countries to diversify away from hydro and towards PV.
Chile’s main PV association wants the government to foster distributed generation like it has done for grid-scale projects.
It’s been over a decade since the last visit of the US president to Buenos Aires, capital of the second largest Latin American country with a world famous heritage of football and tango. President Obama visited the country on March 16, 2016, shortly after President Macri, inaugurated in December 2015, reached a deal with the decade-long holdout creditors, a legacy of the country’s grave financial crisis in the early 2000s. Mr. Macri, former senior analyst at Sideo Americana, a Macri family enterprise specializing in civil construction, and two-term chief of government of Buenos Aires, may be the one to reconnect this alienated country back to the global financial market.
Vida Silvestre celebra la creación del Ministerio de Ambiente, anunciado por el futuro presidente Mauricio Macri dentro de su gabinete. El nuevo Ministerio permitirá que las cuestiones ambientales tengan más relevancia y autonomía.
PARIS — President-elect Mauricio Macri’s representative at the COP21 climate change summit in the outskirts of the French capital wants to make sure the world knows Argentina plans to start taking the issue of global warming a lot more seriously and will increase the country’s commitment to the cause.
Argentina is poised to approve the final details of a new law designed to give a boost to renewable energy as President Mauricio Macri steps up his efforts to fight climate change.
New rules allowing consumers to get back the solar energy they put into the grid look set to help distributed PV in Brazil.
Chinese concerns are eyeing Argentinean solar but it is unclear who else will brave the market.
One of Ecuador’s top solar developers has shunned European lenders in favour of a bank “committed to the development of Latin America.”
Moves are underway to establish a new green bank in a newly industrialised country such as Chile, India or Mexico.