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.
PV Tech is hosting a TechTalk Product Series webinar with LONGi Solar to help PV project developers, asset owners and interested parties become aware of the latest in utility-scale PV panel technology, performance and size that is redefining LCOE metrics.
The UK and Ireland markets are seeing multi-GW of pipelines being planned for new utility-scale solar and energy storage during the next few years. These complementary sectors are starting to form new built portfolios for some of the leading global developers and long-term owners. This webinar - featuring presentations from Finlay Colville and Lauren Cook - will explain what is driving the uptick in new project planning, a breakdown of the pipelines by pre-build status, and which companies are behind the new projects.
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.