Argentina’s Solar and Wind Capacity to Triple by 2035, GlobalData Projects

Context GlobalData’s latest power market outlook predicts a measured pace for Argentina’s renewable sector through 2035. The analysis follows a shift in government policy toward domestic hydrocarbon development, especially the Vaca Muerta shale play, which has kept gas prices low and reduced urgency for rapid renewable build‑out.

Key Facts - Solar photovoltaic (PV) capacity is slated to climb from 2.5 GW in 2025 to 7.9 GW by 2035. Solar farms have concentrated in the northwest and Cuyo regions, where sunlight is abundant. - Wind power capacity is expected to increase from 4.5 GW in 2025 to 7.6 GW in 2035. Patagonia and southern provinces host most of the wind resources, making wind the largest non‑hydro renewable source. - Mohammed Ziauddin, power analyst at GlobalData, notes Argentina’s wind and solar resources rank among the world’s strongest, but “capacity additions are constrained by economic conditions, grid limitations, and evolving policy priorities.” - High inflation, currency volatility, and costly financing have slowed project viability. Transmission bottlenecks—insufficient lines to move power from resource‑rich regions to demand centers—remain the primary barrier. - While renewable capacity grows, natural‑gas plants will stay on‑line to provide flexibility. Coal‑fired capacity is projected to fall from 770 MW in 2025 to about 120 MW by 2035.

What It Means The forecast signals a steady, not explosive, renewable build‑out. Investors can expect incremental additions rather than large‑scale spurts, contingent on improvements in transmission networks and macro‑economic stability. Policy makers will need to design market‑based procurement mechanisms to attract financing and accelerate grid upgrades. Without such steps, Argentina’s abundant wind and solar potential may remain underutilized.

Looking Ahead Watch for government actions on transmission projects and any new procurement frameworks that could shift the growth trajectory beyond the measured path outlined for 2035.