23 Feb '17, 12pm

Distributed Generation Next Step in Argentina’s Renewables Drive https://t.co/FVblfygbWL

Distributed Generation Next Step in Argentina’s Renewables Drive https://t.co/FVblfygbWL

With the country’s RenovAr program well underway, Argentina plans to introduce distributed generation policy in 2018, providing a further boost to solar development. In order to guarantee the success of Argentina’s RenovAr program, the country needs to move towards policy change to make the renewable energy sector more attractive to investment, as well as raising awareness among the population of the benefits of switching to clean power sources. Rounds 1 and 1.5 of the RenovAr program resulted in a total of 2.42 gigawatts of clean energy projects being awarded, requiring $4 billion of investment, while average prices for power-purchase agreements came in at $57.40 per megawatt-hour. In 2015, Argentina was the first Latin American country to enact a law that mandates an 8-percent contribution by renewables to total energy generation, rising to 20 percent by 2025. The countr...

Full article: http://www.solarplaza.com/channels/markets/11668/distribu...

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