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Argentina

Argentina Allows Tariff-Free Imports to Support Renewable Energy

Argentine President Mauricio Macri has introduced a new, long-term plan to increase production of renewable energy and attract new investment in the sector. The aim is to increase renewable energy output to 8 percent of total energy output by the end of 2017, from the current figure sitting at less than 2 percent. The government plans to further extend this development, hoping to generate 10,000 MW (20 percent of total output) by 2025. In pursuit of these targets, an auction was held in May 2016 as part of a program called RenovAR, in which companies could bid on contracts to produce 1,000 MW of power. A bid of $400 million has already been submitted by Pampa Energia, with the winning bidders set to be announced on Sept. 28. Read More

2019-01-16T16:39:16-06:00August 1, 2016|

Explore New Export Opportunities in Argentina and Chile

Explore New Export Opportunities in Argentina and Chile ARGENTINA Situated in the southern hemisphere bordering Chile, Bolivia, Paraguay, Brazil and Uruguay, Argentina has a population of 43.4 million, 92 percent of whom live in urban areas. Despite two sovereign debt defaults in the last 15 years and the end of the commodity boom, Argentina presents significant long-term… Read More

2018-04-03T13:18:48-05:00May 10, 2016|

Argentina Focuses on Renewable Energy

Argentine President Mauricio Macri’s energy agenda, Plan RenovAr, as well as a recent new law, stipulates that 8 percent of the nation’s energy grid must be supplied by renewable sources by the end of 2017, and 20 percent, or 10,000 megawatts, by 2025. Currently, renewable energy accounts for only 1.8 percent of power consumption. Thus, massive investment will be required in the Argentine energy sector to meet rising demand and diversify the country’s energy matrix. The new law offers fiscal benefits for investors in renewable energy and promises the creation of a trust fund to provide payment guarantees and project financing. Read More

2019-02-05T14:59:51-06:00May 1, 2016|

Latin America’s Silicon Valleys

Why this is important to Wisconsin businesses: Opportunities for Wisconsin companies to provide solutions Cities in Latin America such as Santiago, Chile; Arequipa, Peru; and Cordoba, Argentina are working to develop innovation ecosystems similar to Silicon Valley in order to foster growth for new companies, with a particular focus on the IT sector. No other region

2016-02-01T00:00:00-06:00February 1, 2016|