The national president affirmed that “Argentina has a great opportunity ahead and it needs companies like this, that invest and generate work.” Fernández especially highlighted that “Green hydrogen is one of the fuels of the future and it fills us with pride that Argentina is one of the countries that is at the forefront of the ecological transition”, also putting in value that with this important investment “in a short time our country will be able to become one of the world suppliers of this fuel that will allow to drastically reduce carbon emissions in the world”. In addition, he celebrated “the social responsibility of the company to build with the best values of the communities”, considered that “the world does not resist any more abuse”, and stressed that “a person so loved and respected in our country, like Agustín Pichot” , be part of the company and of such an important announcement. Forrest, for his part, he thanked the President for his disposition, and assured: “We are ready to invest in Argentina, we are a state-of-the-art energy company that hires people and trains people, and we want to do that in your country. We are here for Argentina to be a world leader in renewable energy and for it to be an exporter ”. And she expressed that her company “is an example for its behavior and its social and environmental values: the presence of women in my company is massive and respect for the communities in which we carry out our activity is a very important value.”
Background
The project will be developed around the city of Sierra Grande, which has a history of iron ore production. That town in Rio Negro knew how to have its moment of splendor with the installation there of the company Hipasam SA, which not only came to exploit the largest iron mine in South America, but also employed thousands of inhabitants that populated its geography until a decree presidential in 1992 determined its closure and a serious economic and social crisis in Sierra Grande. The prospecting that the company began is based on analyzing the quantity and quality of winds, the main energy source for production, and began from an agreement signed with the Ministry of Productive Development and the Nation and the Government of the Province of Río Negro . Once it has been determined that the wind and other resources are satisfactory, public consultations and procedures for the construction of the project will begin, which will have three stages. The pilot stage, to confirm the expected capacities, with a investment estimated at 1,200 million dollars, which will produce about 35 thousand tons of green hydrogen, equivalent energy to satisfy 250 thousand homes, which will start in 2022 and end in 2024The first productive stage, with an estimated investment of 7.2 billion dollars, will produce about 215 thousand tons of green hydrogen, equivalent energy capacity to cover the electricity consumption of 1.6 million homes, and will last until 2028.
In November 2020, President Alberto Fernández had already held a meeting via videoconference with representatives of the company Fortescue Metals Group, who had expressed their interest in investing in Argentina in the generation of renewable energy and the production of minerals. within the framework of what they call green industry.
Source From: Ambito
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