The leader in renewable energy joins the collaborative space between organizations that can innovate and promote a sector with key future projection. The consortium is an initiative driven by Y-TEC.
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Genneia signed accession to be part of the Consortium for the Development of Hydrogen Economy in Argentina (H2ar).
This unique initiative in the region driven by Y-TEC, the technology company YPF and CONICET, seeks to form a space for collaborative work between member companies of the value chain of hydrogen. Through a joint with Argentine scientific and technological system and an interdisciplinary team it is sucked enhance capacities to innovate the sector renewable ergético the coming years.
"In Genneia we move every day in finding new ways to provide increasingly efficient and renewable energy solutions throughout the country. For this reason, bring our knowledge collaboratively and support research on green hydrogen as decarbonization of the industry, we find it very important to project a substantial advance in the way we consume energy in Argentina" explains Walter Woolly CEO Genneia.
Globally, it is estimated that the next ten years will be key in the development of hydrogen as an energy carrier with low carbon emissions, making it a key player in industrial decarbonization. In this scenario, Argentina has natural conditions for hydrogen generation through its highly competitive renewable resources and significant reserves of natural gas.
About Y-TEC
Y-TEC is the leading Argentina company in research and development of new technologies for the energy industry. It is the combination of YPF (51%), the largest energy company in the country, and CONICET (49%), the lead agency for promoting science and technology in Argentina. With a unique in the region, innovative model is a bridge between the scientific sector and the productive sector. Orients its research strategic lines focused on the problems and opportunities key energy industry and prioritizes high-impact projects, with a staff of professional high technical capacity. The company operates in the center of the largest research country and one of the top five in Latin America with 47 laboratories, 12 drivers over 1000 plants and equipment.
About Genneia
Genneia is a leader in providing sustainable energy solutions, which exceeds the horizon of the 1,200 MW power generation in Argentina. It owns more than 25% of installed capacity in wind energy, making it the number one in the sector. The company has a superior power to 610 MW of wind power with wind farms Rawson, Trelew, Madryn, Chubut Norte, Villalonga, Pomona, Necochea; and reaches 700 MW of renewable energy, considering its solar park Ullum (82 MW) located in the province of San Juan. In addition, wind projects Chubut North III (57 MW) and North Chubut IV (MW 83) are under construction together with PAE; and Chubut Norte II (26 MW) project destined for the Term Market Renewable Energy, ie, bound for private clients. Genneia also owns and operates six thermal generators (573 MW).