Genneia will invest US $ 400 million in a high voltage line for “green lithium” mining

Genneia will invest US $ 400 million in a high voltage line for “green lithium” mining

Genneia He announced that he will invest U $ 400 million To build one High voltage line in Salta that supplies renewable electricity And clean to the Lithium projects of the NOA region.

As reported by the company in a statement sent to Energy Reportthe construction of a broad high voltage electrical interconnection project that will facilitate access to the electricity grid to the mining projects in the area, enabling the growth of the production of “Green Lithium” In the north of the country.

The work will supply with renewable sources a energy demand of 2.6 million MWH/year, allowing approximately production 150,000 tons of lithium carbonate per year and viable mining production with efficient and competitive energy.

Besides, Genneia He remarked that the generation of energy is being analyzed for copper projects, which are also in development in the province as Taca taca, Luján 22, Aguamarga 24 and Antena Iamong others.

Lithium project Rincon Salta Rio Tinto

Rio Tinto

A similar initiative promotes YPF Luz and Central Puertothe other two companies with interest in building a high voltage line for the Lithium and copper mining in the north of the country. As he could know Energy Reportthis evaluation development contemplates the construction of an electric line of approximately 140 kilometerswhich could potentially expand until 350 km extensionbetween Salta and Catamarca.

“This joint effort would imply an investment of between US $ 2550 million YU $ S400 million, depending on the final reach of the work”they stressed.

Sources with knowledge of both projects clarified to this media that the proposal of Genneia It has nothing to do with that joint initiative of YPF Luz and Central Puertowhich has the Collaboration with the International Financial Corporation (IFC), member of the World Bank Groupand highlighted that they are separate projects, for now, in open competition.

However, Energy Report He was able to find out that the possibility that the three companies are integrated into a single project, which could well be incorporated into Rigi is not yet discarded, since many voices in the energy and mining industry ensure that it makes no sense to make two high voltage lines. “Either one is done or the other is done”, They held.

Meetings with Salta officials and promise of competitive and clean energy

The company’s new project was later announced that the authorities of Genneia and of the Public Electricity Services Company in Salta Edesa They met with Sergio CamachoSalteño Infrastructure Minister to analyze the peculiarities of the initiative and define next steps to follow.

After that meeting, provincial officials highlighted the importance of strengthening Salta’s infrastructure to accompany the economic and social development of the province.

From Genneiathey promised to continue working to achieve this project of great impact on the region, which they argued, will strengthen the Salta Energy Matrix and that will allow supplying mining companies with efficient, competitive and clean energy.

Bernardo AndrewsCEO of Genneiasaid the project is “A clear sign of how synergy between the public and private sector can guarantee the provision of safe and reliable energy, benefiting the mining industry.”

Bernardo Andrews Genneia Vce President CEA.JPG

The company head added that “The genneia differential is the leadership in the financing of development banks in Argentina, having received $ 1.2 billion in the last 5 years in sustainability conditions, and with high international standards.”

How much clean energy produces genneia

Genneia It is the leading company in the provision of sustainable energy solutions in Argentina, with 19% of the total installed power, reaching 21% of the generation of wind energy and 12% of the solar.

In January 2025, the company managed to reach 1.25 GW of installed power, an unprecedented milestone that consolidates, once again, its leadership in the clean energy sector.

Genneia.jpg

With their wind farms Rawson, Trelew, Madryn, Chubut Norte, Villalonga, Pomona, Necochea and the Elbita, Genneia It has a total capacity of 944 MW in wind energy.

Currently, the company is advanced in the construction of the Malargüe I solar park (previously known as Los Molles), with a capacity of 90 MW, and has started the work of the Anchoris Solar Park, with a capacity of 180 MW.

Source: Ambito

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