There is a good reason why Argentina’s flag sports a shining sun. At present, Argentina only produces about 10MW of solar power, but that figure is soon about to receive a giant boost as the country plans to increase its capacity by 35 times and the government begins to hand out incentives to private companies. International developers are looking to the western regions where projects are estimated to produce over twice the amount of energy coming from solar in Germany, the world’s current market leader. The plans would assist in the efforts of President Cristina Fernandez de Kirchner to increase the amount of energy generated by renewables from 2 percent to 8 percent by 2013.
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