Argentina Solar Energy Companies
This report lists the top Argentina Solar Energy companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors
This cost reduction has made solar technology, especially solar PV technology, more accessible in Argentina, with a total solar PV installed capacity of 1,060 MW in 2021. The growing electricity demand is also a major factor driving the market's growth.
More than half of Argentina's territory receives annual average sunlight over 3.5 kWh/m2, making solar PV a technically viable option to match the higher electricity demand. In 2021, solar power accounted for more than 12.7% of total renewable power in Argentina, with the majority being generated through solar PV.
In 2021, solar power accounted for more than 12.7% of total renewable power in Argentina, with the majority being generated through solar PV. Under the RenovAr Program, the country plans to add 10,000 MW of renewable power to the grid by 2025.
In December 2021, Argentine power producer Genneia SA started the construction of the 80 MW Sierras de Ullum solar farm. The USD 60-million project is expected to be commissioned by the end of 2022. Similarly, in February 2022, YPF Luz started the construction of the 100-MW Zonda solar farm project in San Juan.
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