Argentina launches 500 MW storage auction
The Argentinean authorities plan to install the new storage capacity in critical nodes of the metropolitan area of Buenos Aires, with an estimated investment of $500 million
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.
The $540 million investment in energy storage isn't just about keeping the lights on in Buenos Aires. It's a strategic bet on a more flexible, reliable, and sustainable energy future for Argentina – and potentially, a blueprint for the entire region. What role will energy storage play in your country's energy transition?
Argentina has taken a major step toward modernizing its energy infrastructure with the launch of a 500 MW battery energy storage system (BESS) tender under the AlmaGBA program.
Argentina's $540 Million Bet on Battery Storage: A Blueprint for Grid Resilience? Over 667 megawatts of energy storage capacity are headed for the Buenos Aires Metropolitan Area (AMBA), representing an investment exceeding half a billion US dollars.
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