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Source: Buenos Aires Herald
By: Fermín Koop
Global Wind Energy Council head Steve Sawyer anticipates investments in renewables
The fact that Argentina has one of the best resources for renewable energy in the world isn’t something new for investors, who have kept an eye on the country for a long time to carry out solar and wind projects. Nevertheless, investments have been long delayed and the sector’s potential remains to be exploited, with less than one percent of the country’s energy matrix now based on renewables
But the situation seems to be changing now. Representatives from the world’s leading companies in renewables spent last week in Buenos Aires meeting with government officials and considering potential investments. Argentina has agreed to have eight percent of its matrix based on renewables by 2017, according to the recently passed Renewable Energy Law.
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