Argentina's government said on Monday it has awarded contracts for 667 MW of capacity in its first tender dedicated to battery energy storage systems (BESS), exceeding its original 500-MW target by about 30%. Energy storage battery. Photo by Anna Vasileva
Argentina has opened a $500 million battery storage tender aimed at adding 500 MW of new energy storage capacity in the Buenos Aires metropolitan area. The AlmaGBA program, managed by CAMMESA, offers long-term contracts with fixed payments and financial guarantees to attract developers.
In Argentina, the stance provides a good lesson to the European stakeholders, especially in the commercial and industrial segments of energy storage. Emerging markets can present both local and foreign players by developing tenders that are investment appropriate and clear technically and financially secured.
These projects will be installed in critical locations in the Buenos Aires metropolitan area, with planned investments exceeding USD 540 million (EUR 461.1m). Operations are expected to begin within 12 to 18 months, the energy secretariat said. The Alma-GBA storage tender saw 15 companies submit 27 projects for 1,347 MW of capacity.
Argentina''s government said on Monday it has awarded contracts for 667 MW of capacity in its first tender dedicated to battery energy storage systems (BESS), exceeding its original 500-MW
Argentina launches a 500 MW battery storage auction to boost AMBA''s energy reliability, supporting a sustainable shift to renewable power and modernizing the energy sector.
Argentina has opened a $500 million battery storage tender aimed at adding 500 MW of new energy storage capacity in the Buenos Aires metropolitan area. The AlmaGBA program,
Argentina''s 1.3 GW battery storage tender marks a transformative leap toward grid resilience and clean energy leadership in Latin America.
Concurrently, Argentina''s push toward its renewable energy targets—mandating 20% of electricity from renewables by 2025 under Law
Argentina''s Wholesale Electricity Market Administrator (CAMMESA) has published the contract template for the “AlmaGBA Storage” tender, which aims to add up to 500 MW of battery
The Argentinian government opened the bids this week for its AlmaGBA tender process. The international tender, first announced in February, aimed to secure 500 MW of energy storage
The initiative highlights the success of rooftop solar adoption and net metering policies, enabling consumers to become energy producers, reduce electricity bills, and contribute to clean energy
Concurrently, Argentina''s push toward its renewable energy targets—mandating 20% of electricity from renewables by 2025 under Law 27,191—has increased the influx of variable solar and
Argentina''s first energy storage tender drew 1.347 GW of bids from 15 companies proposing 27 projects, exceeding the 500 MW target and representing more than $1 billion in
Marcelo Álvarez, Director of Strategy and Institutional Relations at Coral Energía, believes energy storage will become competitive in Argentina by 2026 or 2027 and anticipates that
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