Argentina’s Energy Ministry said 89 companies are looking to build 196 projects to generate electricity as the government tries to attract private investment to lift the country out of recession.
The projects, if built, would be able to generate around 34,834 megawatts of energy.
According to a government source, the would bring in $30billion in investment.
The project presentations will be analysed and an auction will be held in the first half of the year before contracts are signed.
The Energy Ministry has said the projects would reduce the cost of energy on the local market.
Last year, the government said it expected investment of $1.8billion from 17 renewable energy projects it awarded in an auction.
It had received 123 bids in September as firms looked to build wind, solar and biogas projects.
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