Vestas Secures 162 MW Order with Genneia in Argentina

Source: www.gulfoilandgas.com 3/30/2023, Location: South America

Vestas has secured a 162 MW order for the La Elbita project in the Province of Buenos Aires, in Argentina.

The project will feature 36 V150-4.5 MW wind turbines which Vestas will supply and install. Upon completion, Vestas will also deliver a 25-year Active Output Management 5000 (AOM 5000) service agreement. This agreement will optimise energy production while also providing long-term business case certainty.

“We are delighted to work again together with Genneia to start this project and contribute to accelerating the decarbonisation of the country's energy matrix. In the same way, we are proud to know that foreign capital is willing to invest in the development of wind farms in Argentina and that they trust the experience of Vestas and Genneia to promote the local energy transition”, says the Sales Vice President of Vestas LATAM Southern Cone, Andrés Gismondi.

“We are also very proud to work with Vestas in this challenging Project, La Elbita, because both companies offer sustainable and efficient energy solutions aligned with our commitment to a decarbonised economy and to the climate change fight” says Gustavo Castagnino, Corporate Affairs and ESG Director at Genneia.

Turbine delivery is planned for the third quarter of 2023, whilst commissioning is expected for the second quarter of 2024.

Vestas pioneered Argentina's wind energy market with the installation of the country's first commercial wind turbine in Comodoro Rivadavia in 1994.


Canada >>  6/1/2023 - EverWind Fuels Company ("EverWind"), Canada's most advanced large-scale green hydrogen project, supports the Government of Canada's announcements whic...
Ireland >>  6/1/2023 - ESB, Ireland’s leading utility, and Ørsted, the world leader in offshore wind, have signed an agreement to jointly develop an Irish offshore wind port...

United States >>  6/1/2023 - The AES Corporation (AES) announced the start of commercial operations for phase one of the Chevelon Butte wind farm. The project is located on the Ch...
United States >>  6/1/2023 - Cordelio Power is pleased to announce the completion of a construction loan facility and tax equity commitment for the Moraine Sands wind project, whi...

Belgium >>  5/31/2023 - The EU is debating a revised electricity market design. The European Commission has proposed a targeted reform to end the investment uncertainty cause...
Finland >>  5/31/2023 - Renantis has announced the signing of a Power Purchase Agreement (PPA) with Amazon, one of the world’s leading technology companies. Amazon will be th...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.