Atome PLC announce the creation of Atome Power
Published by Emilie Grant,
Editorial Assistant
World Fertilizer,
Atome, a developer of international green fertilizer projects, has announced the establishment of Atome Power, a new renewable power generation and infrastructure division which is intended to be developed as a separate but complementary business within the ATOME Group, and provides a business update on its Villeta Project in Paraguay.
ATOME is establishing a market-led, large-scale renewable power generation and infrastructure business with initial focus on Latin America. Atome Power is intended to serve as a standalone business leveraging the group's regional exposure and management expertise. Through Atome's proven business-model, experience and strategic partnerships with technology suppliers and financial institutions, Atome Power plans to provide long-term energy solutions to third-party users.
The first project is planned to be situated close to Atome's green fertilizer project in Villeta, Paraguay which has its own 145MW supply of baseload 24/7 renewable electricity from the grid. The site is located within 400 m of the Buey Rodeo substation, with fibre-optic connections already in place, and access to plentiful water supply from the adjacent Paraguay River.
Atome Power is intended to be an 80:20 joint venture between Atome and Fondo de Inversion en Innovacion de Paraguay S.A. (FIIP), respectively.
Power Generation
Atome Power plans to develop a utility-scale solar plant of up to 400MW installed capacity incrementally, alongside battery storage. The completion of the renewable power project will be a first step in placing ATOME as a significant independent power producer in Paraguay. As a precursor, ATOME POWER has optioned a sizeable plot of 685 hectares (1680 acres) near Buey Rodeo and has commenced discussions with certain key stakeholders.
By comparison, the UK's largest currently planned solar project at Cleve Hill, Kent has a capacity of 375MW on an area of 360 hectares (900 acres). Based on preliminary independent reports, the estimated average solar irradiation of the area in ATOME's proposed site is 4.85kwh/m2 per day (compared with the average for the South of England of 3.5kwh/m2).
Paraguay, despite currently having adbundant hydroelectric generation from its world-scale Itaipu Bi-National facility, is beginning the process of diversifying its renewable power due to increasing power demand from existing and emerging sectors, including IT and data. As such, despite its favourable irradiation levels, solar power generation is in its infancy in Paraguay and the need to diversify its energy supply is recognised at a Government level.
Atome Power's initial project at Buoy Rodeo will help stimulate sustainable multi-sector growth in Paraguay whilst potentially providing a near term diversified, significant and independent income stream for the Atome Group.
Read the article online at: https://www.worldfertilizer.com/project-news/21052025/atome-plc-announce-the-creation-of-atome-power/
You might also like
Easy environmental solutions advances African fertilizer expansion following high level meetings in Qatar
Digital Utilities Ventures, Inc., now doing business as Easy Environmental Solutions Inc., has announced a recently held high-level meeting with leaders of The TAQAT Initiative to explore investment into the deployment of EASYFEN™ fertilizer production units across multiple African nations.
