Argentina’s energy secretariat said on Thursday that it has selected 633.7 MW of power projects in the framework of the RenMDI renewables auction, slightly exceeding the targeted capacity. Launched in early 2023, the RenMDI tender was aimed at gathering proposals for 620 MW of new renewable energy capacity that would help diversify Argentina’s power mix […]
South Korea’s Posco to invest $4 bln in lithium project in Argentina – EQ Mag Pro
BUENOS AIRES : South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the company seeks to tap into soaring demand for the key rechargeable battery metal. The announcement came right after the company met with local government officials. The funds will be invested […]
Vestas secures 86 MW order with PCR in Argentina – EQ Mag Pro
Vestas has secured an 86 MW order with Petroquímica Comodoro Rivadavia S.A. (PCR), for two projects in Argentina: Mataco III and Vivoratá, nearby Bahia Blanca and Mar del Plata cities respectively in the Province of Buenos Aires. “We are pleased to work with PCR once more, reinforcing both companies’ interest to accelerate the energy transition […]
Rio Tinto strikes USD-825m lithium project deal in Argentina – EQ Mag Pro
Anglo-Australian mining group Rio Tinto Plc (LON:RIO) has signed a binding agreement to buy for USD 825 million (EUR 729.4m) a large undeveloped lithium brine project in Argentina. The company announced the deal for the Rincon lithium project last week and said it comes in line with its plan to build its battery materials portfolio. […]
Rio Tinto to buy lithium project in Argentina for $825 mln
Rio Tinto Plc (RIO.L), (RIO.AX) said on Tuesday it would buy the Rincon lithium project in Argentina for $825 million as the global miner builds its battery materials business. Rio’s purchase comes at a time when lithium is in strong demand globally as a vital ingredient in batteries for electric cars, while another expected mining […]
China’s Ganfeng gets green light for Argentina lithium plant
The document approved a plant with capacity to produce 20,000 tonnes of lithium chloride annually. New Delhi : China’s Ganfeng Lithium on Tuesday said its subsidiary had received approval to build a 20,000 tonnes per year lithium plant for its Mariana project in northern Argentina, where it intends to use solar power. Ganfeng, one of […]
Argentina’s lithium producers hopeful as Fernandez set to take power
Fernandez, a member of the Peronist party that has supported more economic intervention by government, defeated business-friendly incumbent Mauricio Macri in last month’s election LOS ANGELES: Argentina’s lithium producers are cautiously optimistic that President-elect Alberto Fernandez’s incoming administration will not restrict capital flows or set other policies that could hamper their ability to supply the […]
Canadian Solar Energizes Largest Solar Power Plant in Argentina
GUELPH : Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced its 100.1 MWp Cafayate solar power project in Argentina started commercial operation on July 19, 2019. It is now the largest operational solar power plant in the country. Located in the Province of […]
Feature: China, Argentina boost green energy cooperation
CHUBUT, Argentina, (Rahnuma): The construction of four new wind farms in southern Argentina’s Patagonian region is one of the most thrilling fruits of the country’s joint development of clean and renewable energy with China. In southeast Patagonia’s Chubut province, between the towns of Rawson and Trelew, Chinese companies Power China and Goldwind aim to harness […]