Argentinian state-owned vitality firm YPF Luz has signed agreements with EPSE (Provincial Vitality Firm of the State) for the event of 500MW photo voltaic PV tasks within the nation.
The settlement is for 2 photo voltaic PV vegetation within the province of San Juan, a area with excessive photo voltaic irradiation.
The 300MW El Zonda venture can be developed in three phases, whereas the Tocota photo voltaic park could have a capability of 200MW and be a joint venture alongside EPSE, which can be in command of interconnection and offering the land, with YPF Luz growing the plant.
In line with YPF Luz, the development of the photo voltaic vegetation would require a US$200 million funding.
Sergio Uñac, governor of the province of San Juan, stated: “San Juan is among the 5 extra vital locations on this planet for the era of photo voltaic vitality.”
San Juan is house to 16 photo voltaic PV vegetation, representing 46% of all of the photo voltaic vegetation presently in operation in Argentina, added Uñac.
Photo voltaic PV has but to expertise exponential progress in Argentina, which solely added 300MW of photo voltaic capability in 2021 for a complete put in capability of 1.1GW as of the tip of 2021, in line with information from commerce physique SolarPower Europe.
