Spain-based Generacion Solar to build 145-MW park in Argentina
Spanish firm Generación Solar AR plans to undertake the developmet of a 145 MW photovoltaic project located in the Catamarca Province of Argentina.
The project, which has already achieved the environmental permits, holds an estimated investment of US$180 million.
The photovoltaic (PV) plant will be located in the department of Santa Mariaand and once completed, the site would require a staff of around 500 or 600 people, according to the company's spokesperson Alejandro Oliver. This project also includes a substation.
According to sources, Oliver said:
"About three years ago we began to look at Argentina, through a close friend we detected a site in Santa Maria and there we started with pre-feasibility studies. When we saw that there was legislation to penalize the large consumers who do not obtain energy through alternative energies with 8%, we decided to go forward with the project.”
Argentina has a great advantage, with Catamarca in particular. The province is recognized as the 'sun belt of the world’, which means that it is located in a part of the world where there is greater irradiation. It's optimal for the development of solar energy."
Country news
-
-
January 24, 2017
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.
Read more -
January 18, 2017
Argentina signs first contracts from RenovAr 1
Argentina's Ministry of Mines and Energy has signed the contracts with seven developers, for 315 MW of the 1,142 MW awarded in the first round of its renewable energy auction, RenovAr 1.
Read more -
November 30, 2016
Argentina awards 1,282 MW of renewable projects in RenovAR 1.5 tender
The Argentine government has awarded 1,281.5 MW of renewable energy capacity through the RenovAr Ronda 1.5 tender.
Read more -
October 26, 2016
Isolux Corsan sells wind farm in Argentina
Isolux Corsan has reached an agreement with the companies Sideli, S.A. and Sidsel, S.A. for the sale of developments of the Loma Blanca Wind Farm, located in Argentina's Chubut province. Read more -
October 14, 2016
Duke Energy completes exit of international business in deals valued at $2.4 billion
Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador,Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value (cash and the assumption of debt) Read more
