How many solar projects are there in Argentina?

Under the RenovAr Program, the country plans to add 10,000 MW of renewable power to the grid by 2025. To realize this target, 58 potential solar projects, with a combined capacity of 2,834 MW, were submitted in the first renewable energy tender, further driving the solar PV market. Argentina's solar energy market is relatively underdeveloped.

What percentage of Argentina's electricity is generated by solar?

New figures from Cammesa, the state-owned company that manages Argentina's wholesale electricity market, show that solar accounted for 3.1% of total national generating capacity at the end of December 2023.

Why is the Argentinian government investing in solar energy?

However, due to the declining costs of solar, the Argentinian government is investing small amounts in solar energy, which is expected to result in gradual growth in the sector. For instance, in February 2022, the state-owned oil and gas utility firm, YPF, started constructing the 300 MW Parque Solar Zonda project.

What is the contribution of photovoltaic electricity to Argentina's grid system?

The first contribution of photovoltaic electricity to Argentina´s grid system occurred in 2011, with a participation of 0.0014% to the total electricity demand, which is a modest contribution to the 1% incidence of renewable energy (RE) at the time, which included small, i.e., ≤50 MW, hydroelectric plants .

Is Argentina a good country for solar energy?

There is a measure of agreement that Argentina’s solar resource is ideal for photovoltaic (PV) and solar thermal (ST) development, both for large- and small-scale (distributed) installations. The yearly Renewable Energy Country Attractiveness Index published by Ernst and Young places Argentina in the 18th position for PV .

When did solar thermal energy become a key energy source in Argentina?

Solar thermal energy in Argentina was already considered a potential key energy source in 1975 , when a national R&D program for the development of solar energy and other renewables was launched, leading to numerous research programs (see next section) and the elaboration of norms and certification criteria for ST collectors .