Home Business Genneia will invest US $ 200 million in a wind farm and a solar farm

Genneia will invest US $ 200 million in a wind farm and a solar farm

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Genneia will invest US $ 200 million in a wind farm and a solar farm

Genneia will invest US $ 200 million in a wind farm and a solar farm

Madryn wind farm, by Genneia

After securing dispatch priority in the last Term Market for Renewable Energies (MATER) tender, Genneia added an additional 163.5 MW to its clean energy portfolio. This indicates an investment of US $ 200 million.

This is how he announced two new projects, the solar park Tocotta III, 60 MW of installed capacity, located in San Juan Province; and the wind farm the elbitewith an installed capacity of 103.5 MW, located in the City of Tandil, Province of Buenos Aires.

In this way, Genneia, which already operates 866 MW of wind and solar power and is building a new Sierras de Ullum solar project in San Juan, with an additional 80 MW, will be able to surpass 1,100 MW of installed renewable capacity, a milestone that never was. reached then In our country.

The company It has already invested, over 5 years, 1,200 million dollars in renewable projectsnow adds additional investments of $ 200 million for the development of La Elbita and Tocota III.

“We are extremely proud to continue to lead the renewable market in Argentina and solar and wind energy are increasing their role in the energy matrix. The La Elbita and Tocota award represents new investments, more jobs, and more huge net foreign exchange savings for the country, ”said Bernardo Andrews, CEO of Genneia.

Genneia, with its capital Argentina, is a leader in providing sustainable energy solutions. It has reached 24% of the installed wind energy capacity in the country and 8% of solar energy. It is one of the ten most important generators in South America.

Source: Clarin

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