On May 29, POWERCHINA signed contracts to develop the balance of system (BOS) section of Cura Brochero photovoltaic (PV) power station and Villa Maria del Rio Seco PV power station in Argentina.
The Cura Brochero photovoltaic PV power station and Villa Maria del Rio Seco PV power station are in the central province of Cordoba, Argentina. They have a total capacity of 30 megawatts and 35MW, respectively.
At present, the two power plants have inked 20-year fixed electricity price purchase agreements denominated in US dollars.
The BOS section undertaken by POWERCHINA is primarily for PV field construction and equipment supply and installation, including the metering system, real-time operating system and supervisory control and data acquisition on the plant side of the booster station.
After the two stations are connected to the grid for power generation, they will generate about 100 gigawatt-hours of clean energy annually, saving roughly 32,000 metric tons of standard coal per year and reducing carbon dioxide emissions by about 81,000 tons.
During the peak construction period, the two projects will employ roughly 500 local people, helping to lower the unemployment rate and develop the social economy.
As the core market of POWERCHINA in the Americas, Argentina currently has 14 projects under construction by the company.
In the face of the sudden COVID-19 epidemic, the marketing team of POWERCHINA's Argentina branch has overcome many difficulties in expanding the company's international business in Latin America.