Argentina Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in argentina, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
Select Country Guide
Renewable Energy
Last published date:

Argentina has the world’s third-largest wind reserve, which exceeds Spain’s and Denmark’s, and the planet’s second-largest solar reserve.  Its wind potential exceeds 2,000 GW, a hundred times the current total installed capacity.  Multibillion-dollar investments in clean energy have been a key driver in the reduction of greenhouse gas emissions by 30 percent.

Argentina presents multiple niches of opportunity in the context of its energy transition. The Milei administration continues to enact profound market reforms, including trade liberalization. Argentina’s vast solar, wind, and hydroelectric renewable energy potential, give it the possibility to decarbonize its power sector and support its COP26 goal of increasing the share of renewable energy in its national energy matrix to 30 percent by 2030.  Renewables’ share of power generation continues to increase each year and reached 16 percent in 2024.  Wind energy tops the ranking with 70 percent (1,442 GWh).  It is followed by solar energy with 13.4 percent (254 GWh); small hydroelectric projects with 4.8 percent (93 GWh); biomass with 4 percent (77 GWh) and biogas with 2.2 percent (43 GWh).  The country’s clean tech industry presents real growth potential with a variety of sectors providing export opportunities for U.S. companies. This growth is partly spurred by Argentina’s COP26 climate change commitments and energy transition goals.

Argentina presents significant opportunities to grow exports of U.S. clean technology, products, and services and presents fertile territory to promote the adoption of U.S. standards which will invite future opportunities for business growth. Southern Cone host governments have placed a strong emphasis on complying with COP26 commitments. To that end, reducing carbon emissions and advancing sustainable energy development is key. Argentina features abundant natural resources, favorable regulatory frameworks, and a growing market demand for advanced clean energy technologies. Argentina mirrors the world’s transition toward a more sustainable future and holds market growth potential for U.S. clean energy companies.

Resources

For additional information, including market analysis, trade events, contacts, and the products and services the U.S. Commercial Service can provide to help you succeed in the Argentine market, please contact Marcelo Amden, Industry Specialist.