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Argentina Procurement News Notice - 64368


Procurement News Notice

PNN 64368
Work Detail Within the framework of the Renewable Energy Term Market (MATER), the contract will serve to supply green energy to the Bayer plants in Pilar for 7 years, starting next May 1. The Argentine energy company Genneia and the countrys subsidiary of the German pharmaceutical company Bayer have agreed on a contract for the provision of renewable energy to production plants in the town of Pilar, province of Buenos Aires, which will cover 50% of their operations. In a statement, it is explained that the agreement is part of the Renewable Energy Term Market (MATER), and establishes a contract for the provision of green energy for plants 1, which covers the production of analgesics and hormones, and 2, which concentrates the manufacturing of vitamin products, for a period of 7 years. The provision of renewable energy, which will be supplied from a pool of Genneia assets, made up of wind and solar parks, will begin on May 1. “Thanks to this long-term agreement, 75% of our energy consumption will come from renewable sources, moving decisively toward our goal of 100% green energy in the short term,” said the director of the Bayer plant in Pilar, Daniel Bettinelli. . Just yesterday, it was learned that Genneia had received authorization from the Ministry of Energy to begin commercial operation of the 100 MW Los Molles solar plant , located in the province of Mendoza. Last February, Genneia put the 60 MW Tocota III solar park into operation in the province of San Juan , with which the company claims to exceed 1 GW of installed capacity, from a portfolio now made up of four solar parks and seven wind.
Country Argentina , South America
Industry Energy & Power
Entry Date 12 Apr 2024
Source https://www.pv-magazine-latam.com/2024/04/10/argentina-genneia-y-la-farmaceutica-bayer-acuerdan-un-ppa/

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