Argentina installed 307 MW of solar in 2024, bringing its total PV capacity to 1.67 GW by year-end, according to energy market operator Cammesa. Verano Energy, a renewables developer headquartered in Chile, has started building a 200 MW solar project in western Argentina. The installation is due for completion and connection before the end of 2025.
All thanks to the inauguration of the largest photovoltaic plant in South America. Located in the Puna of Jujuy, the Cauchari plant has been equipped with more than 900 thousand solar panels that will occupy 600 hectares in the town of Susques, about 4200 meters above sea level.
A total of 46 MW was commissioned in the month in question. Argentina’s AlmaGBA tender for the Buenos Aires metro area will pay a fixed $10/MW of electricity supplied, with storage capacity bids capped at $15,000/MW per month.
YPF Luz says it is ready to start building a 305 MW solar project in Mendoza, Argentina, with an initial phase of 200 MW. Argentina’s Secretariat of Energy has increased the self-consumption limit under net metering from 2 MW to 12 MW to expand the country’s renewable energy capacity.
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