Argentina will offer businesses tax credits if they install solar for self-consumption up to a maximum system size of 2MW.
The scheme will offer 15,000 pesos (US$354) for every kW installed with a cap of one million pesos (US$23,600).
Credits will be eligible for the payment of national, value-added and income tax, according to a statement from the country’s government.
Interested parties must use the dedicated online platform to apply for the credits. The system is up and running in Buenos Aires and Córdoba with Mendoza, Río Negro and San Juan to follow. A further six provinces are working on implementation.
Any provincial incentives can be claimed alongside the new national tax credit scheme.
In addition to clearing trade hurdles for solar, Argentina is also backing a utility-scale auction process with bidding round scheduled for 22 July.
Jun 15 - Jun 16, 2021
The Utility Solar Summit UK will focus entirely on the opportunities in the UK ground-mount space and feature the new technology and advanced innovations allowing asset owners to improve yield in a subsidy free market. Listen to senior market leaders share stories of their successes and manufacturers pushing the envelope for solar PV whilst taking advantage of our enhanced networking features to connect you with your peers onsite; realising the potential of UK utility scale deployment from 2020 and beyond.
Mar 10 - Mar 12, 2021
Penang, Malaysia (also available virtually)
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.