New market rules to allow large power users in Argentina to directly meet their renewable power obligations through private supply contracts could trigger up to $6bn in investments over the next three years, and lead to the installation of around 4GW in new generation capacity, the country’s energy ministry says.

"Renewable power development today occupies a central place in Argentina's energy, political, social and economic agenda," says Sebastian Kind, undersecretary of renewable energy at Argentina's of energy and mining ministry.