Argentina Allocates $500 Million For Users To Generate Energy

(Energy Analytics Institute, Aaron Simonsky, 4.Nov.2018) — Argentina’s government has allocated $500 million for a special fund to be used to subsidize loans for the purchase of solar systems that allow users to generate their own electricity.

“There will be a credit subsidy so repayment of the investment is in no more than 7 years,” reported the daily newspaper Clarín, citing Argentina’s Energy Secretary Javier Iguacel. “The idea is to add 1,000 megawatts of this type of energy generation through 2030.”




Energy Analytics Institute (EAI) is a Houston-based independent think-tank providing unbiased research, analysis, commentaries, opinions and breaking news related to the petroleum sectors in the Latin American and Caribbean regions.

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