November 6 (Renewables Now) - Argentina's Ministry of Energy and Mines announced on Monday that on November 2, the country switched on a 70-MW wind park in Chubut province.
Argentine thermal and renewable energy group Genneia SA was the developer behind the Parque Eolico Puerto Madryn I (PEM I), as it is named. The company invested USD 122 million (EUR 106.93m) in the project.
Spread in an area of 2,000 hectares, PEM I broke ground in August 2017. It is comprised of 20 V126 wind turbines supplied by Denmark’s Vestas Wind Systems A/S (CPH:VWS).
The farm should be able to generate 300,000 MWh per year, capable of meeting the annual demand of 100,000 local homes. Currently, there are 91 renewable energy projects in commercial operation or under construction that represent 3,334 MW, with an estimated investment of USD 4.75 billion, the ministry's Undersecretariat for Renewable Energy noted.
(USD 1 = EUR 0.88)