Argentina set to become greener

Argentina set to become greener

Editorial Staff
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President Macri promises: "we will fill Patagonia with windmills," with a goal reaching 20% of the country's energy production from renewable sources by 2025

Argentina is taking important steps with renewable energy. The South American country, according to newly elected President Macri, has launched a 10-year plan that predicts reaching 8% “green‘ energy production by 2017, a number that will increase to 20% by 2025, for a total of 10,000 MW. Currently Argentina produces only 2% of its energy demand from renewable sources and this often exposes the country to the risk of blackouts in the summer. "Our country has enormous potential to produce wind and solar energy,‘ Mr. Macri said. “In just a few months we expect to receive a ton of bids from all over the world. We will fill Patagonia with windmills.‘ The plan is part of a new “pro-business‘ approach which comes from the new administration aiming to gain back the trust of international investors, who are skeptical given the forced nationalization of the country’s area Company and national oil company, operated by former president Crisitina Kircher during her last mandate.