A 600-MW solar project is being planned for Argentina's Jujuy province by local firm UTE JEMSE-IGA Energia y Construcciones and a Chinese partner -- Shanghai Electric Power
Construction Co Ltd.
Governor Geraldo Morales signed on Friday a framework agreement with the two companies for the financing and installation, in two stages, of the large solar park, says a press release by the government.
The government expects that with this undertaking, due to its size and its strategic value, the province will be seen as a hot spot for renewable energy production. The government believed that the increased use of renewable sources will help the province to overcome the crisis of conventional energy and consequently reduce the electrical generation costs.
A big photovoltaic (PV) plan was announced back in February by the Argentine government for the Puna region, in the north. It is intended to one day become home to up to 3 GW of solar capacity.