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Chile, Argentina Seek Green Energy Boom
and Argentina are both looking to increase their renewable energy sources. In Chile, solar-battery storage hybrid plants, such as the US$385mn Triqueta, as well
Sep 26, 2023 // Plants, Markets & Finance News, Storage, Chile, Argentina, South america
Scatec, Equinor Part Ways in Argentina
have agreed to sell their stakes in the 117-MW Guanizuil IIA solar farm in Argentina to Argentine power producer Central Puerto SA. Scatec will be exiting from the
Oct 20, 2023 // Markets & Finance News, Scatec, Equinor, PV Power Plant
Argentina's Renewable Energy Capacity Grows in Q2 2024
Argentina added 65.1 MW of new renewables capacity in the second quarter of 2024, including two solar farms, two biogas thermal power plants, and one wind farm. The La Elbita stage 1 wind farms in Buenos Aires province contributed 49.5 MW, while the Victorica and Helios Santa Rosa II solar farms in La Pampa and Mendoza added 7.2 MW and 5.2 MW, respectively. The remaining capacity came from two biogas thermal power plants.With these additions, Argentina now has a total of 220 operational renewable energy plants, totaling 5,961 MW, which can meet the electricity demand of over 6 million homes. In the second quarter, renewables accounted for 18.6% of electricity demand in April, 12.4% in May, and 14.3% in June, with hydro included in the calculation mix.Overall, renewable power generation represented 41.45% of electricity demand in April, 39.49% in May, and 34.3% in June when including hydro plants of 50 MW or more. Argentina continues to make progress in increasing its renewable energy capacity and reducing its reliance on fossil fuels for electricity generation.
How is Argentina progressing in increasing renewable energy capacity?
Argentina added 65.1 MW of new renewables capacity in the second quarter of 2024
The new capacity includes two solar farms, two biogas thermal power plants, and one wind farm
The La Elbita stage 1 wind farms in Buenos Aires province contributed 49.5 MW
The Victorica and Helios Santa Rosa II solar farms in La Pampa and Mendoza added 7.2 MW and 5.2 MW, respectively
The remaining capacity came from two biogas thermal power plants
Argentina now has a total of 220 operational renewable energy plants, totaling 5,961 MW
The renewable energy plants can meet the electricity demand of over 6 million homes
In the second quarter, renewables accounted for 18.6% of electricity demand in April, 12.4% in May, and 14.3% in June
When including hydro plants of 50 MW or more, renewable power generation represented 41.45% of electricity demand in April, 39.49% in May, and 34.3% in June
Argentina continues to make progress in increasing its renewable energy capacity and reducing its reliance on fossil fuels for electricity generation.
Jul 29, 2024 // Markets & Finance News, Argentina, South america
Neoen Payments its 208 MWp Solar Park in Argentina
200 solar power plant-- a 208 MWp solar park situated in the Salta province of Argentina.
Benefitting from a few of the world's ideal sunlight exposure, Altiplano
Oct 8, 2021 // Plants, Argentina, South america, neoen, Solar Power Plant, Xavier Barbaro, Emmanuel Pujol
ABO Wind markets two 10-MW RenovAR solar projects in Argentina
named Del Amanecer and also Los Alamos, are backed by tariffs protected in Argentina's renewable resource tender round RenovAR 3.
The customer is a European
Dec 18, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, Argentina, South america, Europe, solar projects, ABO Wind AG
YPF Luz and Pampetrol Partner to Develop 80 Megawatts of Solar in Argentina's La Pampa
two solar projects which could generate up to 80 megawatts of solar energy in Argentina's La Pampa province. The two companies will evaluate sites in the towns of
Feb 24, 2023 // Plants, Large-Scale, Commercial, Argentina, South america, PV Power Plant, YPF Luz, Pampetrol
China firms complete building Argentina's largest solar farm: Xinhua
companies have built a 300-megawatt solar farm in the highlands of northern Argentina, the largest of its kind in the South American nation, China’s state news
Oct 2, 2019 // Plants, Large-Scale, Commercial, China, tender, Argentina, South america, Asia, Xinhua, Shanghai Electric Power Construction Co. Ltd
Canadian Solar-owned 97.6MW PV plant powered up in Argentina
has started supplying power to the grid.
Over the weekend, Argentina’s Energy Secretariat hailed on social media the recent operational launch of
Jul 22, 2019 // Large-Scale, EPC, Argentinian, Canadian Solar, Parque Solar Cafayate, Powerchina, Argentina’s Energy Secretariat, BICE
Argentina calls tenders for 620 MW of blended renewables, storage space
mix diversity, can be between 0.5 MW as well as 20 MW and situated throughout Argentina.
The energy secretariat set the ceiling prices as follows: USD 115 (EUR
Feb 7, 2023 // Markets & Finance News, Argentina, South america
Argentina stakes claim to Latin American PV crown with 300MW launch
Argentina has staked a claim to Latin American solar records after wrapping up the extension of a complex that could reach gigawatt-scale proportions within 10 years.
President Eduardo Macri was amongst those hailing this week the completion of the second and third 100MW phases of Cauchari in the Jujuy province, bringing the overall complex to 300MW.
The construction milestone means one-million-plus PV panels have now been installed at the site in Argentina’s semi-arid northwest, at more than 4,000 metres above sea level.
The complex, featuring so far Cauchari I, II and III, is being delivered by a partnership between Jujuy utility Jemse and Chinese players Shanghai Electric and Power China.
Addressing the Argentinian and Chinese officials onsite via videoconference, president Macri congratulated Jujuy governor Gerardo Morales for his work liaising with the Chinese partners.
“All those trips to China … it was worth it because you fostered trust in Chinese investors so that they would support this PV park, Latin America’s largest,” the president said this week.
“This is only the beginning as extensions will be coming,” Macri went on to say. “Jujuy’s solar irradiation potential is almost infinite, a gift from God we will be turning into jobs for Jujuy.”
The project's sponsors estimate 1,200 jobs were created to build what now stands of Cauchari, with 60% of the employees sourced from local communities.
Jujuy's 3GW-in-a-decade solar ambitions
At earlier joint press conferences months ago, president Macri and governor Morales had already anticipated additions to Cauchari beyond the first 300MW.
In mid-March, Morales had explained expansions should see 500MW attained by the end of 2020, coupled with a 96MW add-on that is being overseen by Jujuy power distributor Ejesa.
At this week’s Cauchari II and III opening ceremony, Jujuy’s governor predicted however a far more ambitious growth roadmap, which could see the province deliver 3GW of PV output in a decade.
“The idea is to continue now with Cauchari IV and V,” Morales explained this week. “We’re finalising the PPA with the Energy Ministry, where we will soon agree on a tariff.”
A promotional video from Jujuy authorities said the Cauchari complex is now expected to generate 800GWh in clean energy output, with tariffs of US$60/MWh applying to the initial 300MW.
The Cauchari installations built to date were backed by the first round of auction programme RenovAr in 2016 and an oversubscribed US$210 million green bond.
At 85% of overall financing, the bulk of the funding was provided however by the Export-Import Bank of the United States (EXIM), which awarded loans at interest rates of 3%.
As noted by governor Morales this week, Cauchari has not required funding from Argentina’s budget so far and is expected to be generating revenues of US$900 million in 15 years’ time.
Argentina’s claim to the Latin American PV crown comes as similarly large solar ventures make headway elsewhere, including in Brazil (608MW), Chile (382MW) and Mexico (296MWdc)
Oct 2, 2019 // Plants, Large-Scale, Commercial, China, Argentina, South america, Asia, cauchari, jujuy, jemse, shanghai electric, power china, Gerardo Morales, Eduardo Macri
Energy business Genneia states it will invest $200 mln in RE parks
capacity.
"We are very pleased to continue leading the renewable market in Argentina and that solar as well as wind energy boost their role in the energy matrix,"
Apr 13, 2022 // Markets & Finance News, Argentina, South america, Bernardo Andrews, Genneia SA, Renewable Energy Parks
Solar scores lowest average prices in Argentina’s smaller-scale tender
has emerged as the overall cheapest technology in Argentina’s latest clean energy tender, aimed at smaller-scale installations.
PV winners of the
Aug 6, 2019 // Plants, Large-Scale, Markets & Finance News, Canadian Solar, solar pv, Argentina, South america, Latin america, renovar, cammesa, auction ppa, MiniRen tender
Power from the East: China funds largest solar park in Latin America
million solar panels are located some four thousand meters above sea level in Argentina. It is Latin America’s largest solar park – built in large part by Chinese
Oct 9, 2019 // Plants, Large-Scale, Commercial, China, Latin america, Asia, Tu Shuiping, Pablo Ferrara, University del Salvador, Juan Prioletta
Lithium Costs Are Rising, Stimulating More Offers for Key Battery Metal
a bidding battle for Canada's Millennial, which has lithium possessions in Argentina, with Contemporary Amperex Technology Co. eventually outbidding Ganfeng
Oct 7, 2021 // Markets & Finance News, Storage, China, Asia, lithium
TotalEnergies Grabs Total Eren for €1.5bn
TotalEnergies, will benefit from opportunities in markets such as India, Argentina, Kazakhstan and Uzbekistan. The integration of Total Eren into TotalEnergies'
Jul 25, 2023 // Markets & Finance News, France, Total Eren, Europe, TotalEnergies