Solar Market in Argentina
/15th September 2016, by Renewable Market Watch™/
In Argentina electricity consumption has experienced a great expansion since 2003 due to economic recovery, highly subsidized electricity tariffs as well as indirect subsidies to fossil fuels. Projections state that, even implementing energy efficiency policies, the installed capacity would have to at least double for the year 2035 (EEA 2015). The expansion of the electricity demand together with low level of private investments on generation capacity has resulted in the number of difficulties for the electricity sector in Argentina.
For the installation of solar PV power plants, Argentina has a significant number of very attractive sites due to the low cost of land, high solar irradiation and the existence of many available and good network connection points according to the Renewable Market Watch™.
Despite the strong current focus on conventional energies in Argentina, many local and international experts and PV project developers interviewed for this report forecast that there will be inevitable expansion of renewable energy in the country in the next decade due to the main reasons revealed in North and South America Photovoltaic Market: Outlook 2016÷2025
Renewable Market Watch™ published the new study North and South America Photovoltaic Market: Outlook 2016÷2025. The aim of this study is to provide a balanced assessment of opportunities and reulatory framework for solar projects development in all the major countries in this area. In recent years, there has been an increasing interest for investments in solar photovoltaic projects in Argentina and other countries from the South America region.
The more information about solar PV power market in the South America region, including full contact details of solar PV project owners and developers you may read here: North and South America Photovoltaic Market: Outlook 2016÷2025
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