{"id":4117,"date":"2017-12-11T07:18:55","date_gmt":"2017-12-11T05:18:55","guid":{"rendered":"http:\/\/straton.co.za\/solar\/irena-presents-president-of-argentina-with-award-for-year-of-renewable-energy\/"},"modified":"2017-12-11T07:18:55","modified_gmt":"2017-12-11T05:18:55","slug":"irena-presents-president-of-argentina-with-award-for-year-of-renewable-energy","status":"publish","type":"post","link":"https:\/\/straton.co.za\/solar\/irena-presents-president-of-argentina-with-award-for-year-of-renewable-energy\/","title":{"rendered":"IRENA Presents President of Argentina with award for Year of Renewable Energy"},"content":{"rendered":"

Agency points to strong policy frameworks to boost investment<\/strong><\/h3>\n

IRENA\u2019s Director General Adnan Z. Amin met with the President of Argentina, Mr. Mauricio Macri during a recent visit to Argentina. Mr. Amin was in Buenos Aires to participate in the Latin American Energy Organization (OLADE) Meeting of Ministers. The meeting offered Mr. Amin an opportunity on behalf of IRENA to congratulate Argentina for its successful \u2018Year of Renewable Energy\u2019 in 2017.<\/p>\n

The year-long initiative launched by President Macri in January 2017 was put in place to catalyse the nation\u2019s renewable energy development and set the country on a path to easing its dependence on imported fossil fuels, and to reducing its carbon emissions in line with Paris Agreement commitments.<\/span><\/p>\n

“What Argentina has accomplished in the energy sector in the past two years is remarkable, and reflects strong leadership and staunch determination that is inspiring for us all,\u201d Mr. Amin said during a keynote speech to open high level discussions on Argentina\u2019s Renewable Energy Market, hosted by IRENA.<\/p>\n

\u201cThrough a robust set of enabling policy frameworks, renewables are finding the limelight here [in Argentina] at an impressive speed, and a positive story is emerging to demonstrate the immense possibilities and socio-economic benefits of a sustainable and prosperous energy future.\u201d<\/p>\n

Renewable energy adoption in Argentina has seen positive progress since the establishment and introduction of Plan RenovAR by President Macri 2016. The plan sought to secure better financial conditions for the winners of renewable energy auctions.<\/p>\n

Under the programme, the Argentinian government set a target to increase the share of renewable energy to 20 per cent in the energy mix by 2025, and an 8 per cent renewable energy share in electricity consumption by 2017 \u2013 attracting approximately US 35 billion in renewable energy investment in the process.<\/p>\n

The early signs have been encouraging. Round one of the initiative was six times oversubscribed and more than 2.4 gigawatts (GW) of\u00a0renewable energy tenders<\/a>\u00a0were awarded in 2016, stimulating investment of around US 4 billion. A further 1.2 GW of renewable energy was auctioned in the latest round of RenovAr in November 2017.<\/p>\n

This momentum is having a positive effect on prices too.\u00a0Bids<\/a>\u00a0for wind and solar in round two of its RenovAr, averaged US 4.7 and 4.8 cents per kilowatt-hour respectively, a fall of 12 per cent and 13 per cent on round 1.5. This downward trend can be witnessed across Latin America \u2013 in Mexico,\u00a0recent renewable energy auctions<\/a>\u00a0resulted in solar bids below US 2 cents per kilowatt-hour.<\/p>\n

During OLADE\u2019s XLVII Meeting of Ministers, IRENA also co-organized an event seeking to identify the lessons learned from the early rounds of RenovAr, and identify a pathway to long-term success for the programme ensuring it continues to stimulate widespread investor interest.<\/p>\n

Commenting on Argentina\u2019s positive trajectory and the importance of strong risk mitigation instruments, and predictable policies, Mr. Sebastian Kind, Undersecretary of Renewable Energy at the Ministry of Mines and Energy, said: “Universal access to renewable energy requires long-term project design which shall not be influenced by country risk.\u201d<\/p>\n

Find out More here<\/strong>: IRENA Presents President of Argentina with award for Year of Renewable Energy<\/a>.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Agency points to strong policy frameworks to boost investment IRENA\u2019s Director General Adnan Z. Amin met with the President of Argentina, Mr. Mauricio Macri during a recent visit to Argentina. Mr. Amin was in Buenos Aires to participate in the Latin American Energy Organization (OLADE) Meeting of Ministers. The meeting offered Mr. Amin an opportunity […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2],"tags":[1894,954,35,895,1893,1018,254,1110],"class_list":{"0":"post-4117","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-solar","7":"tag-argentina","8":"tag-award","9":"tag-energy","10":"tag-irena","11":"tag-presents","12":"tag-president","13":"tag-renewable","14":"tag-year","15":"entry"},"jetpack_publicize_connections":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Alan","author_link":"https:\/\/straton.co.za\/solar\/author\/alan\/"},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5HvVd-14p","jetpack-related-posts":[{"id":2509,"url":"https:\/\/straton.co.za\/solar\/irena-director-general-meets-vice-president-of-uruguay\/","url_meta":{"origin":4117,"position":0},"title":"IRENA Director-General Meets Vice-President of Uruguay","author":"Alan","date":"10 November 2016","format":false,"excerpt":"Uruguay is a global leader in renewables deployment, with more than 94% of the country\u2019s electricity coming from renewables in 2015. The successful implementation of an enabling policy and regulatory framework helped drive this remarkable transition in just over a decade. On 8 November 2016, HE Mr. Raul Sendic, Vice-President\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"irena-director-general-adan-z-amin-and-uruguay-vice-president-raul-sendic-outside-irena-headquarters-8-november-2016","src":"https:\/\/i0.wp.com\/straton.co.za\/solar\/wp-content\/uploads\/2016\/11\/irena-director-general-adan-z-amin-and-uruguay-vice-president-raul-sendic-outside-irena-headquarters-8-november-2016.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2074,"url":"https:\/\/straton.co.za\/solar\/irena-director-general-meets-with-uae-vice-president\/","url_meta":{"origin":4117,"position":1},"title":"IRENA Director-General Meets with UAE Vice President","author":"Alan","date":"4 August 2016","format":false,"excerpt":"Since winning the bid to host the International Renewable Energy Agency in 2009, the United Arab Emirates has been a strong supporter of the Agency and has made considerable strides in achieving domestic renewable energy ambitions. The UAE is actively pursuing the development and deployment of renewables, and an IRENA\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/straton.co.za\/solar\/wp-content\/uploads\/2016\/08\/1-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2394,"url":"https:\/\/straton.co.za\/solar\/director-general-amin-takes-energy-transition-message-to-world-energy-congress\/","url_meta":{"origin":4117,"position":2},"title":"Director-General Amin Takes Energy Transition Message to World Energy Congress","author":"Alan","date":"17 October 2016","format":false,"excerpt":"\u201cThe global transition to a sustainable energy system is well underway and renewables are at the centre stage of it,\u201d said IRENA Director-General, Adnan Z. Amin, at the World Energy Congress in Istanbul. \u201cWe must accelerate this scale up \u2013 and the reality is that the business case for renewables\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/pixel.wp.com\/b.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2349,"url":"https:\/\/straton.co.za\/solar\/irena-director-general-brings-renewables-revolution-to-centre-stage-of-dubai-summit\/","url_meta":{"origin":4117,"position":3},"title":"IRENA Director-General Brings Renewables Revolution to Centre Stage of Dubai Summit","author":"Alan","date":"6 October 2016","format":false,"excerpt":"The energy sector accounts for more than two thirds of global greenhouse gas emissions. By 2050, the global population will reach 9.7 billion, and with this growth the world will need to produce roughly 80% more energy than it does today. Meeting this growing energy demand, particularly in urban areas,\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/pixel.wp.com\/b.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":4097,"url":"https:\/\/straton.co.za\/solar\/irenas-14th-council-reinforces-need-for-more-action\/","url_meta":{"origin":4117,"position":4},"title":"IRENA\u2019s 14th Council Reinforces Need for More Action","author":"Alan","date":"6 December 2017","format":false,"excerpt":"Two things characterized the\u00a0Fourteenth Meeting of the IRENA Council: The first was a clear sense of collective determination to build on the momentum of the global energy transition. The second was a redoubling of commitments to the work of the International Renewable Energy Agency (IRENA) as a catalyst for that\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2873,"url":"https:\/\/straton.co.za\/solar\/transforming-the-power-sector-at-irena-ministerial-meeting\/","url_meta":{"origin":4117,"position":5},"title":"Transforming the Power Sector, at IRENA Ministerial Meeting","author":"Alan","date":"27 January 2017","format":false,"excerpt":"Renewable energy, for three years running, has accounted for more new power generation capacity installed worldwide than all other sources combined. In 2015, over USD 270 billion were invested in solar PV and wind power, boosting capacity by 47 GW 63 GW respectively. This capacity is expected to only grow\u2026","rel":"","context":"In "Solar"","block_context":{"text":"Solar","link":"https:\/\/straton.co.za\/solar\/category\/solar\/"},"img":{"alt_text":"Adnan Z. Amin, IRENA Director-General","src":"http:\/\/straton.co.za\/solar\/wp-content\/uploads\/2017\/01\/irena-director-general-adnan-z-amin-mrt.jpe","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/posts\/4117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/comments?post=4117"}],"version-history":[{"count":0,"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/posts\/4117\/revisions"}],"wp:attachment":[{"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/media?parent=4117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/categories?post=4117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/straton.co.za\/solar\/wp-json\/wp\/v2\/tags?post=4117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}