China firm to promote solar thermal energy in Argentina
The government of Argentina's La Rioja province and China Shipbuilding Industry Corporation (CSIC) signed a memorandum of understanding to promote solar thermal power in the province.
In a statement, La Rioja infrastructure minister Juan Velardez cited a desire by the local government to develop clean energy sources not only to cover peak demand but also to inject excess output into Argentina's national grid and produce "genuine" revenue for the province.
Solar thermal energy is not currently used in Argentina, whose President Mauricio Macri signed bilateral pledges with the US last week to promote renewables and fight climate change.
Elsewhere in the region, Mexico's state utility CFE plans to start up its 394MW Agua Prieta II solar thermal/combined-cycle gas turbine hybrid project next month.
In Chile, Abengoa is building a US$1bn, 210MW thermal/PV hybrid solar project that will produce clean energy 24 hours a day.
The La Rioja announcement follows news that China will also finance a 100MW expansion of the province's existing Arauco wind farm.
La Rioja also signed a letter of intent with a German group to develop three solar PV farms totaling 700MW and requiring US$1.4bn of investment.
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