Wedoany.com Report-Jul. 13, Canada-based Aisa Group has submitted a proposal under Argentina’s Régimen de Incentivo a las Grandes Inversiones (RIGI) to construct a 1,000 MW solar farm in Jáchal, San Juan, northern Argentina. The project, with an estimated investment of $600 million, aims to supply energy to industrial customers in the region and connect to the national electricity grid.

A view of the Jáchal Valley, in the Argentinean province of San Juan

The RIGI program offers tax, customs, and exchange benefits for 30 years to projects exceeding $200 million in strategic sectors. Aisa Group’s plan includes integrating the solar farm into the National Interconnected System, enabling energy distribution across Argentina. The project aligns with the company’s strategy to expand its presence in the country’s renewable energy sector.

The development will begin at the Gualcamayo mining site, where the first phase will install 50 MW to meet the mining operation’s electricity needs. Subsequent phases will expand capacity and include a 500 kV high-voltage link to connect to the national grid, enhancing energy distribution capabilities.

In addition to the Jáchal project, Aisa Group is advancing other renewable energy initiatives in Argentina. A notable project in San Luis province involves a photovoltaic plant with an initial 22 MW capacity, planned to expand to 51 MW. These efforts reflect Aisa Group’s commitment to supporting Argentina’s clean energy growth.

The Ministry of Economy will review the Jáchal proposal within 45 business days to issue a resolution. Upon approval, Aisa Group can commence construction under the RIGI’s incentive framework. The proposed 1,000 MW solar farm would surpass Argentina’s current largest photovoltaic plant, the 300 MW Cauchari project, which is undergoing expansion to 500 MW.

Aisa Group’s initiative is expected to contribute significantly to Argentina’s renewable energy capacity, supporting industrial energy needs and national grid stability. The project underscores the company’s focus on sustainable energy solutions and regional economic development through strategic investments in solar infrastructure.