Egypt's Elsewedy secures USD 150m for solar projects
Jun 30, 2022 15:45 CESTFebruary 18 (Renewables Now) - Steel pipes maker and supplier Tenaris SA (NYSE:TS) announced on Thursday its plans to build a 100.8-MW wind farm in the province of Buenos Aires, Argentina to power a facility in Campana.
The project represents an investment of some USD 190 million (EUR 167.1m) and will install 24 pieces of 4.2-MW wind turbines. Based in the town of Adolfo Gonzales Chaves, the wind farm is set to commence power operations in the second half of 2023.
Once up and running, the wind park's output of about 509 GWh per year will be used to meet close to half of Tenaris’ electricity needs for its Siderca mill.
Tenaris intends to reduce its carbon dioxide (CO2) emissions by 30% per tonne of steel by 2030, through several initiatives, including the use of renewable energy.
(USD 1.0 = EUR 0.880)
Egypt's Elsewedy secures USD 150m for solar projects
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