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November 23, 2021

Biomasa la Florida Biomass Power Project, Argentina

By Carmen

Biomasa la Florida Biomass Power Project is a 62MW biopower project. It is planned in Tucuman, Argentina. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in August 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Biopower 62 62 Permitting Tucuman, Argentina Genneia

Description

The project is being developed and currently owned by Genneia.

The project cost is expected to be around $80m.

The process of combustion will be adopted in this project to release the stored energy from the feed. Bagasse which is a kind of agricultural by-product will be used as a feedstock to power the project.

Development Status

Post completion of the construction, the project is expected to get commissioned in August 2022.

Power Purchase Agreement

The power generated from the project will be sold to Cammesa under a power purchase agreement. The power will be sold at the rate of $0.107kWh for a period of 20 years.

About Genneia

Genneia SA is a provider of energy solutions based on the use of latest technologies. The company deals with thermal equipment and renewable energy projects. It is headquartered in Olivos, Buenos Aires, Argentina.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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