Argentina’s leading long steel maker ArcelorMittal Acindar & leading 100% renewable generation company Petroquimica Comodoro Rivadav have announced a USD 70 million increase in their renewable energy infrastructure investment agreement at the San José the Eolic Park San Luis Norte. ArcelorMittal Acindar CO Mr Everton Negresiolo said “The decarbonization of steel production is an objective of ArcelorMittal at a global level. In Argentina we aspire to achieve a significant reduction in carbon dioxide emissions by 2030 and this investment project in renewable energies that we are now expanding is a clear example of that commitment to sustainability. Additionally, we are very pleased to take a new step together with PCR in this new development between both companies.” The expansion of the project plans to add a capacity of 36 MW of wind power on top of the 76.5 MW that are already underway , for which 8 turbines with Vestas technology will be added to the 17 already programmed. Additionally, it is planned to install solar generation with a capacity of 18 MW on the same property. In this way, the total investment will reach USD 210 million until 2023. This development will provide a total capacity of 112.5 MW and will enable ArcelorMittal Acindar to reach, by the second half of 2023, a supply of more than 30% of its electricity demand through renewable sources. ArcelorMittal Acindar plant in La Tablada, province of Buenos Aires, was the first in the steel sector in Argentina to be supplied 100% with renewable energy.
Argentina’s leading long steel maker ArcelorMittal Acindar & leading 100% renewable generation company Petroquimica Comodoro Rivadav have announced a USD 70 million increase in their renewable energy infrastructure investment agreement at the San José the Eolic Park San Luis Norte. ArcelorMittal Acindar CO Mr Everton Negresiolo said “The decarbonization of steel production is an objective of ArcelorMittal at a global level. In Argentina we aspire to achieve a significant reduction in carbon dioxide emissions by 2030 and this investment project in renewable energies that we are now expanding is a clear example of that commitment to sustainability. Additionally, we are very pleased to take a new step together with PCR in this new development between both companies.” The expansion of the project plans to add a capacity of 36 MW of wind power on top of the 76.5 MW that are already underway , for which 8 turbines with Vestas technology will be added to the 17 already programmed. Additionally, it is planned to install solar generation with a capacity of 18 MW on the same property. In this way, the total investment will reach USD 210 million until 2023. This development will provide a total capacity of 112.5 MW and will enable ArcelorMittal Acindar to reach, by the second half of 2023, a supply of more than 30% of its electricity demand through renewable sources. ArcelorMittal Acindar plant in La Tablada, province of Buenos Aires, was the first in the steel sector in Argentina to be supplied 100% with renewable energy.