Toyota and YPF Electricity (YPF Luz) signed an agreement to use renewable energy in Toyota’s plant in Zarate (province of Buenos Aires) where the Hilux trucks are manufactured for all of Latin America.
Thus, in only a year and a half, the Toyota plant in the province of Buenos Aires -which production in 2017 represented 26% and 41% of total exports of the Argentine automotive industry- will produce its vehicles with energy 100% renewable. The action responds to the initiatives of sustainability and care of the environment of the Japanese company in its Zárate plant, which last year surpassed 125,000 units and this year aims to achieve a new production record above 140,000 units.
The renewable energy supply contract has a duration of 10 years, with a first stage in which Toyota will sustain its production with 25% renewable energy, and a second stage from 2020 in which 100% of its needs energy, equivalent to 76,000 MWh / year, will come from renewable sources.
"This initiative will allow us to greatly exceed our global goals by producing 100% clean energy from 2020," said Daniel Herrero, president of Toyota Argentina. For his part, Miguel Gutiérrez, president of YPF, said: "YPF began to participate in the supply of electric power 5 years ago and today YPF Luz is a protagonist in the renewable energy market and is the reliable partner chosen by industrial customers of the first world line”.
YPF Luz will provide the energy for the Toyota operations at its Zárate plant from two wind plants, the 100MW Behr Manantiales Wind Plant, which will be inaugurated soon in Chubut province (Patagonia), and the 122MW located Los Teros Wind Plan in the town of Azul (Buenos Aires province) whose inauguration is expected by the end of 2019. YPF Luz, recently inaugurated, is the electric power branch of the Argentinean oil company. It aims to be the leader in the country in the transition to a clean and sustainable energy matrix that currently comes in more than 80% of fossil fuels, mainly from gas-fired power plants.
Date: 13 August 2018