GreenSinnergy Plans Sustainable Aviation Fuel Project in Chubut, Argentina
Key Ideas
- GreenSinnergy presented a sustainable aviation fuel project, Eco-Refinerías del Sur, in Chubut, Argentina, combining green hydrogen from wind resources with recycled CO2.
- The project aims to produce 100,000t/y of SAF by 2030, with an initial investment of US$2.50bn, gradually scaling up to 500,000t/y and over US$6bn total investment.
- Global demand for SAF is rising due to government regulations and airlines' decarbonization commitments, indicating a positive outlook for the project.
- Other provinces in Argentina, like Río Negro and Tierra del Fuego, are also planning green hydrogen projects to leverage their wind resources for sustainable energy initiatives.
German developer GreenSinnergy has presented a sustainable aviation fuel (SAF) production project to Argentine federal senators for the southern province of Chubut. The project, known as Eco-Refinerías del Sur, involves the combination of green hydrogen, produced using the province's abundant wind resources, with recycled carbon dioxide. The goal of the project is to produce 100,000 tonnes per year (t/y) of SAF starting from 2030, requiring an initial investment of US$2.50 billion, with plans to eventually increase production capacity to 500,000t/y, involving a total investment exceeding US$6 billion. The project manager, Carlos Villalba, highlighted the exponential growth in global demand for SAF, driven by government regulations and airlines' commitments to decarbonization. This indicates a positive sentiment towards the project's feasibility. Furthermore, other provinces in Argentina, such as Río Negro and Tierra del Fuego, are also embarking on green hydrogen projects to harness their wind resources for sustainable energy initiatives, showcasing a broader trend towards renewable energy in the country.
Topics
Projects
Aviation Industry
Investment
Sustainable Energy
Decarbonization
Renewable Resources
Carbon Neutrality
Wind Energy
Government Regulations
Latest News