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With the support of China, Jujuy in Argentina will be the largest solar park in Latin America

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Thanks to the financing provided by the Chinese bank EXIM, the Government presented this morning the start of construction of the largest photovoltaic park in Latin America.

The solar plant at Cauchari, in the Jujuy department of Susques, will generate about 300 MW from 1,200,000 panels to be placed on a 700-hectare site, the equivalent of the average City of Buenos Aires.

The Cauchari stages I, II and III will demand an investment of U.S. $ 390 million, of which U.S. $ 331 million will be contributed by China and the rest by the provincial state, which is governed by Gerardo Morales.

It was an act that attracted strong interest from the national government, as the chief of staff, Marcos Peña; and energy ministers, Juan José Aranguren, and Hacienda, Nicolas Dujovne, arrived this town located 4000 meters above sea level and about 60 kilometers from the border with Chile to give a speech. In turn, the presentation was transmitted in a video conference with President Mauricio Macri, who was inaugurated at that time the Metrobus of Tres de Febrero together with the governor of Buenos Aires, Maria Eugenia Vidal, and the Minister of Transport, Guillermo Dietrich.

In turn, the presentation was transmitted by a video conference with President Mauricio Macri, who was inaugurating the Metrobus of Tres de Febrero together with the governor of Buenos Aires, Maria Eugenia Vidal, and the Minister of Transport, Guillermo Dietrich.

With some 600 direct jobs and another 1000 indirect jobs, Jujuy seeks to reduce unemployment in the province and reduce the fiscal deficit.”We want to generate 3000 MW in the next ten years, which would be 10% of the national electricity generation,” said Governor Morales.

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Alejandro Cabrera

About Alejandro Cabrera

Alejandro's expertise fits well with his Special Projects position within GTSA. His cross-cultural international business experience working along aside large foreign companies in Argentina, Brazil, Chile and Uruguay giving expert advice related to M&A and Joint Venture negotiations. He is fluent in English, Spanish, French and Portuguese

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