Despite attractive regulatory framework and ambitious government plans for expansion, we maintain a relatively bearish outlook towards the Argentine renewables industry, as despite some improvements of late, the business environment remains largely unappealing for investors and project finance continues to limit the growth potential of the market. Argentina's positive regulatory framework for renewables on the surface looks appealing to investors. For example, the country has adopted an ambitious target of sourcing 8% of its electricity demand from renewables by 2016, offers various tax incentives to renewable developers, has implemented a feed-in tariff (FiT) programme, an energy auction system and a programme called GENREN.
However, despite these attractive incentives, which in another market would typically have drawn in developers, there has been a notable lack of international investor interest in the Argentine renewables market. This was evidenced in July 2013, when it was announced that domestic utility Impsa was the sole bidder in the tender for the expansion phase of the Arauco I wind facility in the country's La Rioja province.
Spanning Over 40 pages, “Argentina Renewables Report Q3 2014” report covering the SWOT, Industry Forecast, Market Overview, Competitive Landscape, Methodology.
Know more about this report at: http://mrr.cm/ZpV
Related Reports are;
1st - Nordics Renewables Report Q3 2014 - See more at: http://mrr.cm/Zpj
2nd - Japan Power Report 2014 - See more at: http://mrr.cm/Zp9
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