Argentina starts building largest solar park in LatAm

7/10/2017 13:16

        Argentine President Mauricio Macri announced on Friday the start of work on the Cauchari solar park, planned to be Latin America's largest solar park with a production capacity of 300 megawatts.
        
        Macri made the announcement from Buenos Aires through a videoconference with the governor of Jujuy Province, Gerardo Morelos, and the head of the cabinet of ministers, Marcos Pena, who were at the plant's location in Cauchari.
        
        The project is made up of three parks -- Cauchari Solar I, II and III -- that generate 100 MW of power each, and will see the installation of a total of 1.2 million solar panels. It attracted an investment of 511 million U.S. dollars and will create 600 direct jobs. It is being actively supported by China, with the Export-Import Bank of China financing part of the project loans.