In order to reach the goal of generating 20% of its power from renewable sources by 2025, the Argentinean Government estimates that 10 GW of additional renewable capacity is needed. Under the RenovAR tender program, power purchase agreements have already been awarded to more than 4 GW. Scatec Solar entered the market in 2017 and is currently constructing a 117 MW solar power plant in partnership with Equinor.
At the foot of the Andes, the Guanizuil IIA Project is located in the municipality of Iglesias in the north-western state of San Juan. Guanizuil IIA is Scatec Solar’s first project in Argentina and the company will be project lead in a jointly owned construction company with Equinor. Commercial operation is expected in second quarter 2020.