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.

How much solar energy does Argentina produce in 2021?

With solar energy generation in Argentina increasing by more than 100-fold in just five years, the country generated approximately 2.19 TWh of solar energy in 2021, up from 16.4 GWh in 2017, representing a 63% increase in solar energy production in Argentina.

Which solar projects are coming to Argentina in 2022?

For instance, in February 2022, the state-owned oil and gas utility firm, YPF, started constructing the 300 MW Parque Solar Zonda project. The country has several solar PV projects in the pipeline and planning stages, which are expected to significantly boost the growth of the solar energy market in Argentina.

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.

Is solar energy gaining space in Argentina's electricity matrix?

Solar energy has been slowly gaining space in Argentina's electricity matrix. In January 2022, solar represented just under two percent of the South American country's electricity demand, up from less than 0.1 percent in 2018. In the past decade, Argentina's solar energy generation increased over 1,000-fold, surpassing two terawatt hours in 2021.

Does Argentina have a solar system?

A paid subscription is required for full access. Argentina's solar photovoltaic generation capacity is concentrated in the country's northwest. As or February 2022, this region composed by the provinces of Jujuy, Salta, Tucumán, Catamarca, La Rioja, and Santiago del Estero accounted for almost 65 percent of Argentina's PV installed capacity.