South American Real Estate News

80 MW Solar Park operating in San Juan, Argentina

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The project was carried out by the Jinko China and was selected by the Argentine government in the second round (1.5) of the Renew program for large-scale renewable projects. It is called Parque Solar Iglesia-Guañizuil.

Today, the Parque Solar Iglesia-Guañizuil in San Juan began to generate electricity for more than 60,000 Argentine households, with an installed power of 80 MW. It Is The project 34 of #EnergíaRenovable started construction in 2016 and was completed in 11 of 27 March 2019

-Secretariat of Energy (@Energia_Ar)-

With this announcement in its official Twitter account, the Argentine Energy Secretariat has announced the entry into operation of the largest photovoltaic plant currently operating in the Argentinean province of San Juan.

The Solar Park has built by the Chinese producer of photovoltaic panels Jinko Solar with 287,080 modules of 325 W.

The plant is one of the projects selected by the Argentine government in the second round (Ronda 1.5) of the Renew program. The plant will sell energy to the local administrator of the electric market wholesaler Cammesa to $54.10 MWh under a 20-year-old PPA.

The project was financed in part with funds from IDB Invest, a member of the Inter-American Development Bank (IDB) Group. The operation consisted of a loan of AR $10,750,000, the mobilization of loans from international commercial entities for AR $39.4 million and a third additional loan of AR $10 million of the Canadian Climate Fund for the Private Sector of the Americas ( C2F), administered by IDB Invest.

Source: PV Magazine Latam

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