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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 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.
Buenos Aires, with its dense urban load and aging infrastructure, is an ideal candidate for such an upgrade. Moreover, this tender arrives at a time when battery prices are becoming increasingly competitive, and international developers are actively seeking new markets with clear regulatory frameworks and stable revenue models.
Argentina’s fixed-price scheme and CAMMESA’s payment guarantees could offer a compelling incentive for private sector engagement. By committing to large-scale BESS deployment, Argentina is not only addressing immediate reliability challenges but also laying the groundwork for a cleaner, more resilient electricity system in the years to come.