The American corporation proposes to build a wind farm near Rio Grande, in the province’s northwestern corner, as well as an electrolysis facility that will produce 55 tons of hydrogen per day and have a power output of at least 160 megawatts. While the anticipated investment for electrolysis, wind, and ammonia production is 500 million dollars, it is estimated that 1,200 employment will be created as a result.
Because there is now no need for hydrogen in Argentina, the end product is planned to be sold to Europe and Asia, taking advantage of the Rio Grande’s and the Province’s marine position in general.
In this regard, Governor Gustavo Melella praised the possibility of such a proposal and assured that it would be pursued “We are working hard to find projects that generate green energy investments; we did so just a few days ago with the company Total Austral by signing an agreement, and today we have the opportunity to announce MMEX’s arrival in Tierra del Fuego.”
“While the province is open to new private sector investments, the state must accompany and support these alternatives, which will result in the creation of jobs, the industrialization of our natural resources, and progress toward industry transformation.”
“The company takes the work that has already been developed in Texas, combined with the company Siemens Energy, who will generate the technological development to bring it to Tierra del Fuego; the process that is currently being carried out in the United States is with solar energy, but here in the province it will be carried out with wind energy, taking advantage of the magnificent conditions that this territory has,” said Jack Hans, President of MMEX Resources Corp.
The director went on to say that his major goal is to “assist the province in converting Tierra del Fuego into a renewable energy land.”
Nabil Katabi, the CEO of MMEX, reflected on the meeting and stated that “The wind conditions in Rio Grande are among the best in the world, which is becoming more widely recognized, and I believe we are well ahead of other initiatives because doing things of this scale requires specific engineering, which only a few companies in the world have; Siemens Energy is one of them, and we have been working with them for more than a year.”
“The technical pre-feasibility study has been completed, and the engineering for the electrolysis part has been completed; the wind part is highly developed in the world, so part of what we talk to the provincial government about is to take advantage of the existing information to move forward on that side; once the data is obtained, we will work to have everything ready, perhaps in two years,” Katabi concluded.
