Argentina Prepping for Solar Energy Surge With Incentives, Domestic Credit

Argentina Prepping for Solar Energy Surge With Incentives, Domestic Credit | Renewable Energy News Article

renewableenergyworld.com 18 Feb '13, 2pm

Argentina Prepping for Solar Energy Surge With Incentives, Domestic Credit

International developers are planning plants in Argentina's western regions, which get about twice the solar radiation of the largest solar market, Germany. In the past year, they've applied to build 11 projects of about 20 megawatts each, said Marcelo Alvarez, head of solar for trade group Camara Argentina de Energia Renovable, or CADER. "There's a lot of interest in solar energy in Argentina and very good potential," said Hector Nordio, head of clean-power projects at Energia Argentina SA, the state energy company known as Enarsa. The work would help President Cristina Fernandez de Kirchner's administration meet an ambition to get 8 percent of Argentina's power from renewables by 2016, up from 2 percent now. The nation that defaulted on debts in 2001 and seized energy company YPF SA last year is struggling to lure overseas capital and is relying on domestic measures to p...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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