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Argentinean biopower project gets backing

National energy company Enarsa and Argentina-based business developer Adenium are set to invest in two biomass plants in South America.

The amount of investment is reported to be ARP1.25 billion (€189.7 million) and both 100MW facilities will be constructed in Formosa, north east Argentina.

It is hoped all feedstock will be provided by local businesses as each facility will need about 750,000 tonnes of biomass to produce approximately 50% of the province’s power requirement.