Argentina Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Argentine solar energy market is expected to register a CAGR of over 10% during the forecast period. Factors, such as the Public Private Partnership (PPP) law, efforts to regulate and encourage private investments in the critical sectors of the country’s economy, along with more than 30 solar projects, which are expected to be implemented under the PPP model, primarily across major infrastructure and social sectors, including energy and transport, are expected to drive the solar energy market during the forecast period. However, due to fiscal deficit and lack of finance, the government could not invest sufficiently in the renewable sector. This, in turn, is expected to restrain the growth of the market studied.
Key HighlightsThe Argentine solar energy market is moderately fragmented. Some of the major companies include Empresa Mendocina De Energías A.P.E.M, Canadian Solar, 360 Energy SA, Genneia SA, and Trina Solar Limited.
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