Argentina planning US$740mn CSP-PV solar project
Authorities in Argentina's Mendoza province signed a preliminary agreement with multinational renewable energy firm Gigawatt Global for the construction of a US$740mn, CSP-PV solar hybrid project
The project entails a US$520mn, 110MW CSP plant and a US$220mn, 100MW PV farm, according to a report from state news service Télam.
Works would also include a transmission line to connect the project to Argentina's SADI power grid.
The report did not give a timeline for the project's financing or construction.
Headquartered in Amsterdam, Gigawatt Global provides financing, technology and strategic planning for utility-scale solar projects, and has a global development pipeline of over 1GW.
The Mendoza project is similar in scope to the US$1bn Atacama 1 CSP-PV project that Spain's Abengoa is developing in neighboring Chile.
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