Argentina battery energy storage battery company

Who makes lithium batteries in Buenos Aires?

Buenos Aires — Last week, Argentina’s President Alberto Fernández visited the first Argentine lithium cells and batteries manufacturing plant belonging to Y-TEC, a company that is part of state-owned energy giant YPF, and which will produce its first pilot models of lithium batteries in December, after taking delivery of components in October.

How many people can a lithium battery power Buenos Aires?

The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.

Is YPF lithium launching a lithium battery project in Argentina?

The battery project is linked to another, more ambitious one, that of YPF Lithium, YPF’s business unit that intends to compete in the exploration and production of lithium carbonate in northern Argentina.

How much will Buenos Aires invest in storage capacity?

The Argentinean authorities plan to install the new storage capacity in critical nodes of the metropolitan area of Buenos Aires, with an estimated investment of $500 million and an execution period of between 12 and 18 months. From pv magazine Latam

Does y-TEC sell lithium in Argentina?

In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.

How many companies are involved in a lithium project in Argentina?

These are some of the findings from a report prepared by the consulting firm Aleph Energy, led by Daniel Dreizzen, which analyzes the global lithium market while delving into Argentina in greater detail. These are the 41 companies of various characteristics that participate in the country’s 64 projects.