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Argentina

Bond for Argentina’s largest PV plant 3.4 times oversubscribed

The Argentinean province of Jujuy has issued a $210 million green bond which will co-finance a 300 MW solar project selected in the first round of the country’s program for large-scale renewables RenovAr.

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Argentine Chamber of Deputies gives preliminary approval to draft bill for distributed generation

The bill, which will now have to be approved by the Senate, is intended to introduce a net metering scheme for residential and commercial PV.

Argentina grants fiscal incentives to two solar module factory projects

The two production facilities will be located in the northern province of Mendoza and will provide the modules for PV projects developed under the Renovar program.

Argentina introduces VAT exemption for renewable energies

The exemption will relate to purchasing, manufacturing and importing of components to build renewable energy power projects.

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Argentina’s future legislation for distributed generation takes shape

The Parliament’s Committee for Energy and Fuels has reached an agreement for a unified text of the net metering scheme that is expected to finally support residential and commercial PV and other distributed generation renewable sources across the country.

Argentine municipality of Nonogasta to welcome 42 MWdc solar plant

The solar venture will be created via a $40 million investment and will employ more than 150 people during its construction phase, the Argentinian province of Nueva Rioja has confirmed.

Argentina to authorize private PPAs between large power consumers and renewable energy producers

A draft of the new rules was submitted to public consultation by the Argentinean government. The new regulation, if implemented, would authorize the sale of power to large industrial power consumers by direct agreement.

Argentina seeks to secure Chinese support for 300 MW solar project in Jujuy province

A delegation of Argentina’s Ministry of Finance has met with representatives of the Chinese government to discuss, among other things, the financing of the 300 MW solar project selected in the first national renewable energy tender of the RenovAr program.

Neoen plans $250 million solar project in Argentina

The French independent power producer is planning the construction of a 200 MW solar facility in the Argentinean province of Tucumán.

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World Bank approves $480 million guarantee to promote solar and renewables in Argentina

The World Bank will promote the development of large-scale renewable energy and solar projects across Argentina with a $ 480 million guarantee. The funds will be used to support projects being implemented under the country’s RenovAr program for renewable energies.

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