Denmark-based Vestas (www.vestas.com) is to a build a hub and nacelle assembly facility in the Buenos Aires region of Argentina to meet the country’s huge growth potential in wind energy — expected to reach 10GW of new installations by 2025.

Vestas pioneered Argentina’s wind energy market with the installation of the country’s first commercial wind turbine (in Neuquén) back in 1991.

Vestas sales director Andres Gismondi said: “Our leadership position, with more than 900MW of either installed capacity or capacity under construction, underlines the need to take a big step forward to better support the government’s ambitions for renewable energy.

"By building this assembly facility, we will serve our customers’ needs in the country even better and generate hundreds of local jobs.”

Argentina’s minister of energy, Juan José Aranguren, said: “The fact that a global leader in renewable energy is interested in expanding its presence in Argentina clearly proves that we are on the right path, giving investors the confidence and trust needed to invest in our green transition.”

Argentina’s government launched the RenovAr programme in 2015, which set a target of 20% renewable energy by 2020.