PV will compete with 3.8 GW of wind and a few hundreds of megawatts of less established renewable energy sources.
The 300 MW solar park, which consists of the three 100 MW Cauchari projects – 1, 2 and 3 – is being developed by local government-run company Jemse SE.
Argentina’s Ministry of Energy and Mines has published new standards for local PV production, mere days before it plans to announce the winners of the second round of its RenovAr auction program for renewables.
The announcement was given by the country’s energy minister, Juan José Aranguren, during a conference, according to local newspaper Clarín.
The Argentinean province of Jujuy has issued a $210 million green bond which will co-finance a 300 MW solar project selected in the first round of the country’s program for large-scale renewables RenovAr.
The bill, which will now have to be approved by the Senate, is intended to introduce a net metering scheme for residential and commercial PV.
The two production facilities will be located in the northern province of Mendoza and will provide the modules for PV projects developed under the Renovar program.
In Argentina’s new renewable energy tender, solar came in second with the quota of 450 MW.
The exemption will relate to purchasing, manufacturing and importing of components to build renewable energy power projects.
The Parliament’s Committee for Energy and Fuels has reached an agreement for a unified text of the net metering scheme that is expected to finally support residential and commercial PV and other distributed generation renewable sources across the country.
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