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YPF to supply 16 MW of wind energy to Toyota's Argentine unit

Wind farm. Author: Edgar Weber. License: Creative Commons, Attribution 2.0 Generic.

August 9 (Renewables Now) - Argentine oil group YPF SA (BCBA:YPFD) will supply 15.9 MW of wind power to the local unit of Japanese giant Toyota Motor Corp (TYO:7203).

Through YPF Luz, the company will deliver power to Toyota's factory in the Argentine town of Zarate, Buenos Aires province, the Japanese company said on Wednesday.

The supply covers a period of 10 years and it is divided into two stages. The first one will cover 25% of the facility's demand, while the second, starting in 2020, will meet 100% of its consumption. This is the equivalent to 76,000 MWh per year, enough to meet the consumption of 21,111 homes.

To fulfill the contract, YPF will use the output from two wind parks -- the 100-MW Behr Manantiales plant, which will be inaugurated shortly, and the 122-MW Los Teros facility, expected to enter operations at end-2019.

Overall, the glass plant will be able to offset around 40,660 tonnes of carbon dioxide (CO2) emissions per year, Toyota noted.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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