Argentina’s new government is looking to the icy winds that make the vast plains of Patagonia inhospitable to entice foreign investment and re-energise a flagging economy. With a large expanse of semi-desert in its north, Argentina is one of the windiest and sunniest places in the world. Centre-right president Mauricio Macri is hoping to attract up to $20bn over the next decade as part of a target to generate a fifth of Argentina’s power from renewable energy sources by 2025 — compared with less than 1 per cent today.
FT 9th June 2016 read more »