Spain-based Generacion Solar to build 145-MW park in Argentina

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Spain-based Generacion Solar to build 145-MW park in Argentina

Spanish firm Generación Solar AR plans to undertake the developmet of a 145 MW photovoltaic project located in the Catamarca Province of Argentina.

The project, which has already achieved the environmental permits, holds an estimated investment of US$180 million.

The photovoltaic (PV) plant will be located in the department of Santa Mariaand and once completed, the site would require a staff of around 500 or 600 people, according to the company's spokesperson Alejandro Oliver. This project also includes a substation.

According to sources, Oliver said:

"About three years ago we began to look at Argentina, through a close friend we detected a site in Santa Maria and there we started with pre-feasibility studies. When we saw that there was legislation to penalize the large consumers who do not obtain energy through alternative energies with 8%, we decided to go forward with the project.”

Argentina has a great advantage, with Catamarca in particular. The province is recognized as the 'sun belt of the world’, which means that it is located in a part of the world where there is greater irradiation. It's optimal for the development of solar energy."

Share this news