YPF Luz announces construction of solar park with an investment of US$170 million

YPF Luz announces construction of solar park with an investment of US$170 million

The “El Quemado I” Photovoltaic Solar Park, in Mendoza, will allow YPF Luz to reach 915 MW of renewable installed capacity

The unit of electricity of the pArgentine state oil company YPF Light announced on Monday that it will invest around US$170 million to build a solar park in the central province of MendozaThe project called “El Quemado 1” will be located in the department of Las Heras, 53 kilometers from the capital of Mendoza, and will be developed together with EMESA (Mendoza energy company).

The installed capacity of this stage will be 200 MW, which is equivalent to the energy used by more than 180,000 homes, and prevents the emission of more than 298,000 tons of carbon dioxide per year.said YPF Light in a statement. Its launch is scheduled for the first quarter of 2026, with a construction period of 18 months. “This new park allows us to expand the development of our operations throughout the country to eight provinces to continue diversifying the national energy matrix,” said the executive president of YPF Luz, Martín Mandarano.

The “El Quemado I” Photovoltaic Solar Park will allow YPF Luz to reach 915 MW of renewable installed capacityThe company currently has 497 MW in operation and 418 MW under construction, the statement said. The Argentine state oil company YPF It also has renewable energy projects generated in wind farms in the South American country.