Hive Energy in Argentina
Hive Energy have identified 5 projects to date in the central San Luis, Cordoba and Mendoza regions, with total capacity of 420MWs. He has also secured a Power Purchase Agreement with Arcelor Mittal.
As recently as Summer 2016 Argentina had only installed 8 MW of solar which was producing just 0.02% of the country’s total energy generation. Hive Energy opened offices in Buenos Aires to drive forward the renewable energy revolution and harness the power of the sun in a country with one of the highest irradiation levels in the world.
Since then the Argentinian Government has made the development of renewable energy a key strategic aim with renewables set to provide 20% energy generations by 2025 (10 GW) with fiscal benefits.