Argentina awards 20 battery energy storage projects totaling 700.5 MW to five developers for $700 million

Type: Development · Technology: Storage · Country: Argentina · Announced: 2026-07-07

Argentina’s Secretaría de Energía awarded 20 battery energy storage system (BESS) projects totaling 700.5 MW and valued at $700 million to five developers—Genneia (7 projects), DQD Energy (8 projects), 360 Energy Solar (3 projects), Aluar (1 project), and Intermepro (1 project)—under the Alma SADI initiative to reinforce the national grid. The projects are distributed across seven regions, including Buenos Aires (185 MW), the Argentine Northwest (150 MW), Chaco-Formosa (161.5 MW), Misiones-Corrientes (50 MW), Entre Ríos (50 MW), Santa Fe (36 MW), and the Pampa region (68 MW). The government noted that the tender received 235 technical bids totaling 8,338 MW, exceeding the 700 MW target by more than elevenfold, with Cammesa preparing the pre-award report that informed the final selection. The initiative aligns with Argentina’s declared energy emergency since December 2023 and builds on the prior Alma-GBA program, which awarded 713 MW of storage for the Greater Buenos Aires area with over $540 million in investments currently under execution. The BESS projects aim to enhance grid flexibility, reduce blackout risks, and improve service reliability for residential, commercial, and industrial users by providing rapid response to demand fluctuations and operational reserves.

Analysis

Argentina's Secretaría de Energía awarded 20 battery energy storage system (BESS) projects totaling 700.5 MW and valued at $700 million to five developers, including Genneia, DQD Energy, 360 Energy Solar, Aluar, and Intermepro, on July 7, 2026. Genneia, Argentina's largest renewable energy generator, operates over 1 GW of wind and solar capacity across 10 wind farms and 2 solar plants. The projects are distributed across seven regions, including Buenos Aires, the Argentine Northwest, and Chaco-Formosa. The tender received 235 technical bids totaling 8,338 MW, exceeding the 700 MW target by more than elevenfold. The initiative aligns with Argentina's declared energy emergency since December 2023, and builds on the prior Alma-GBA program, which awarded 713 MW of storage for the Greater Buenos Aires area with over $540 million in investments currently under execution.

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