22 July, 2016

Renewable energy sector could benefit from changes iin Agentina


There’s a palpable feeling of excitement and renewed vigor whenever Argentina’s economy is discussed nowadays. What does this mean for the country’s renewable energy sector?

Argentina is entering a new phase of political and economic reform.

Recently elected President Mario Macri’s moves to court international investor and business communities have struck the right notes, and Argentina-related business plans are being dusted off globally. Clearly many bright, entrepreneurial people within and outside the government were looking forward to the day when their ideas and ambitions were given credence and a chance to succeed.

At a recent event at the Embassy of in Washington, D.C., leading Argentine officials in renewable energy made the case for investing in the country’s renewables sector under a new regulatory and commercial framework. In their eagerness to right all wrongs, the Argentine intelligentsia seems to have thrown every tool in the kit into this effort, with the hope that the net result will be success. But where do these tools fall, in terms of moving forward the country’s new business framework and supporting renewable energy development?

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