January 22 (Renewables Now) – The 40-MW biomass plant in the Argentine province of Corrientes is in the final stages of construction and will be put into service in six months, the local media said last week.
The construction site already has a turbogenerator, boiler, biomass storage silo, transformer station and auxiliary equipment in place.
The project is led by Fuentes Renovables de Energia SA (FRESA), a company made up of Grupo Benicio and Grupo Insud. It is also the first renewable energy project for Grupo Insud, an Argentine company that engages in a diverse range of activities from pharmaceuticals to agribusiness and culture.
FRESA has invested an estimated USD 60 million (EUR 52.8m) in the project.
Located in the town of Gobernador Virasoro, the FRESA plant will produce electricity from chips, sawdust, pine and eucalyptus bark and biomass from dry wood and forest materials that currently do not have industrial use, Grupo Insud said. Its electricity will account for 10%-15% of the total consumption of the Corrientes province.
(USD 1.0 = EUR 0.88)