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Argentina Formalizes $700 Million in Battery Storage Awards to Strengthen National Grid

The contracts clear the path to construction of 20 battery projects that will add fast-response reserve capacity aimed at reducing summer power cuts.

Overview

  • The Secretaría de Energía formalized the Alma SADI adjudication on Tuesday by issuing Resolución 155/2026 that awards 700.5 MW across 20 projects and registers winners in the national storage registry RENPALMA.
  • The awarded capacity is split across seven regions to target constrained nodes of the Sistema Argentino de Interconexión, with allocations including Buenos Aires 185 MW, NOA 150 MW, NEA Chaco‑Formosa 161.5 MW, MisionesCorrientes 50 MW, Entre Ríos 50 MW, Santa Fe 36 MW and La Pampa 68 MW.
  • Five companies won contracts: Genneia (7 projects), DQD Energy (8), 360 Energy Solar (3), Aluar (1) and Intermepro (1), with total private investment estimated at about US$700 million.
  • The selection followed a staged evaluation managed by CAMMESA that opened technical offers on May 27 and economic envelopes on June 24, and the tender drew 235 technical bids totaling 8,338 MW, roughly eleven times the procurement goal.
  • These battery energy storage systems (BESS) are meant to deliver short‑duration reserves and faster dispatch flexibility to reduce reliance on costly thermal generation or imports, but the actual relief from outages will depend on construction and commissioning timelines for the awarded projects.