Solar with battery project financing options in Argentina 2026

Is solar power a viable option in Argentina?

Argentina has abundant solar resources, particularly in the northwest region, making solar power a viable option for electricity generation. Utility-scale solar projects and distributed solar installations are gaining momentum, contributing to the country’s renewable energy goals.

Where can solar power projects be implemented in Buenos Aires?

Solar power projects, including utility-scale solar plants and distributed solar installations, have been successfully implemented in this region. Buenos Aires Province: The Buenos Aires Province, as the most populated region in Argentina, offers significant opportunities for renewable energy development.

What are Rigi-approved solar projects in Argentina?

Notably, the first RIGI-approved project is YPF Luz's 305 MW solar photovoltaic park in Mendoza, with an investment of US$211 million. Vaca Muerta, holding the world's second-largest gas reserves, represents a cornerstone of Argentina's energy strategy.

What will Argentina's energy mix look like in 2024?

By 2024, the share of renewables in Argentina's energy mix is expected to exceed 17%, representing significant progress, although still below the 20% target set for 2025.

Who owns a solar power plant in Argentina?

Norwegian solar project developer and also nuclear power plant operator Scatec ASA and also Norwegian energy Equinor ASA have grid linked as well as started industrial operation of the 117 MW "Guanizuil IIA" solar power plant in Argentina, located in the Province of San Juan in the northwest of the nation.

Will Genneia finance wind & solar projects in Argentine?

Argentine power firm Genneia has signed a loan agreement to obtain up to USD 85 million (EUR 80.3 m) to finance the building of wind as well as solar projects in the nation.