Author: Szabolcs Magyari, Solarplaza
Argentina has been making business headlines in recent months, and renewable energy shows signs of being the major accelerator in attracting new investments to the country. With a clear and thorough program under RenovAr, the first auction rounds have paved the way for rapid renewable energy project development. Both the unexpectedly large amount of capacity awarded (over 2.3GW in 2 rounds) and low price level of bids (as low as $46/MWh) were remarkable and caught widespread attention.
Now the impressive results of rounds 1 and 1.5 are in it’s time to take stock, and look ahead at the future, of a market that has kicked off. The major opportunities - like RenovAr 2, distributed generation, off-grid electrification and private PPAs - form the basis for the second edition of El Futuro Solar Argentina and are highlighted in this complimentary 10-page whitepaper we've made available.