Reta Wind Project is a 108.8MW onshore wind power project. It is planned in Buenos Aires, 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 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 108.8 | – | 108.8 | Permitting | Buenos Aires, Argentina | Cooperativa Electrica Limitada de Tres Arroyos; Sinohydro |
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Description
The project is being developed and currently owned by Cooperativa Electrica Limitada de Tres Arroyos and Sinohydro. The company’s ownership stake in the project stands as 25% and 2% respectively.
The project is expected to generate 425.9GWh of electricity. The project cost is expected to be around $170m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
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 $0.046kWh for a period of 15 years. The capacity to be procured is 100MW.
Contractors Involved
Xinjiang Goldwind Science & Technology will be the turbine supplier for the wind power project. The company is expected to provide 32 units of GW 140/3MW(S) turbines, each with 3.4MW nameplate capacity.
About Sinohydro
Sinohydro Corp Ltd (Sinohydro), a subsidiary of Power Construction Corporation of China, is a state-owned engineering and construction company executing large- and medium-scale hydropower projects. Its portfolio of services includes general construction; engineering, procurement and construction (EPC); and investment. The company carries out the construction of water conservancy, hydropower stations, power, transportation, civil work, mining, and real estate projects. The company also offers project financing, design, implementation, and operation of infrastructures such as power, transportation, civil work, mining, and real estate. The company has regional offices in several countries across Asia-Pacific, Africa, America, Eurasia, West Asia, and North Africa. Sinohydro is headquartered in Beijing, China.
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.
