Advertisement
Advertisement
advertisement

Largest Solar Power Plant In Argentina Now Up And Running

Canadian Solar recently announced its 100.1 MWp Cafayate solar power project in Argentina started commercial operation July 19, 2019.

It is now the largest operational solar power plant in the country.

Located in the Province of Salta, the solar project is powered by more than 289,000 Canadian Solar’s high efficiency modules and will generate over 216 GWh of electricity per year. As part of the RenovAR program launched by the Argentinian Government in 2016, the Cafayate project was awarded a 20-year US dollar indexed power purchase agreement of $56.28/MWh with CAMMESA (the national wholesale power market administrator and clearinghouse) during the second renewable public tender. This 20-year PPA is guaranteed by the World Bank.

In November 2018, Canadian Solar closed $50 million of non-recourse financing for the Cafayate project. The financing package was provided by CAF-Banco de Desarrollo de America Latina, Banco Ciudad and BICE.

Advertisement
Advertisement

UPCOMING EVENTS

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Sri Lanka Solar Week 2019 is almost here! Buy your ticket today https://t.co/MKJKUQd0g3 See you on Aug 29, 2019!… https://t.co/sCmwWmMPyg
About 14 hours ago
SolarQuarter RE Analytics 2019 is almost here! Buy your ticket today https://t.co/lQkdSK7c1q See you on Oct 11, 2019!
About 15 hours ago
SolarQuarter SolarRoofs Andhra Pradesh 2019 is almost here! Buy your ticket today https://t.co/JIuc2VtrW7 See you on Aug 21, 2… https://t.co/EawB3aN9aO
Monday, 19 August 2019 13:02