Developer

AES Argentina Generacion SA

www.aesargentina.com.ar

Total capacity of implemented projects

50 - 250 MW

Countries of projects presence

1

AES Argentina Generacion SA is a leading power generation company in Argentina that has been operating in the country for over 25 years. The company is a subsidiary of AES Corporation, a global power company that operates in 15 countries across four continents. AES Argentina Generacion SA has a strong focus on developing renewable energy projects and has been at the forefront of the country's transition to a more sustainable energy mix.

The company's portfolio includes a mix of thermal and renewable energy assets, with a total installed capacity of over 2,000 MW. The thermal assets include a combined cycle gas turbine plant in Buenos Aires Province, which has a capacity of 870 MW, and a coal-fired plant in San Nicolas, which has a capacity of 650 MW. The renewable energy assets include wind and solar projects, with a total capacity of over 500 MW.

AES Argentina Generacion SA has been actively developing renewable energy projects in Argentina since the early 2000s. The company's first wind project, the 50 MW Arauco Wind Farm, was commissioned in 2009 and was one of the first wind projects in the country. Since then, the company has developed several other wind projects, including the 100 MW Los Hercules Wind Farm and the 150 MW Garayalde Wind Farm.

In addition to wind, AES Argentina Generacion SA has also been developing solar projects in the country. The company's first solar project, the 10 MW Ullum Solar Park, was commissioned in 2012. Since then, the company has developed several other solar projects, including the 100 MW Cauchari Solar Park, which is one of the largest solar projects in the country.

AES Argentina Generacion SA has been able to develop these renewable energy projects thanks to the country's favorable regulatory framework. In 2015, Argentina passed a new renewable energy law that set a target of 20% renewable energy by 2025. The law also established a feed-in tariff system that provides a guaranteed price for renewable energy projects for a period of 20 years.

AES Argentina Generacion SA has been successful in securing contracts under this system, which has allowed the company to develop its renewable energy portfolio. In 2016, the company was awarded contracts for two wind projects with a total capacity of 306 MW and a solar project with a capacity of 100 MW. These projects are expected to be commissioned in 2019 and will significantly increase the company's renewable energy capacity in the country.

AES Argentina Generacion SA has also been active in the development of energy storage projects in the country. In 2016, the company announced plans to develop a 10 MW energy storage project in Buenos Aires Province. The project will use lithium-ion batteries to store energy from the grid during times of low demand and release it during times of high demand. The project is expected to improve the reliability of the grid and reduce the need for new thermal power plants.

AES Argentina Generacion SA has a strong commitment to sustainability and has been recognized for its efforts in this area. In 2017, the company was named one of the world's most ethical companies by the Ethisphere Institute. The company has also been recognized for its efforts to promote gender diversity and has been named one of the best companies for women to work for in Argentina.

In conclusion, AES Argentina Generacion SA is a leading power generation company in Argentina that has been at the forefront of the country's transition to a more sustainable energy mix. The company has a strong focus on developing renewable energy projects and has been successful in securing contracts under the country's favorable regulatory framework. AES Argentina Generacion SA's commitment to sustainability and gender diversity has also been recognized by various organizations. The company's renewable energy projects will play an important role in reducing the country's dependence on fossil fuels and improving the reliability of the grid.