Ingeteam has opened a new subsidiary in Uruguay and with it, has increased its global presence to 18 countries. The company’s head office is in Montevideo and there are already personnel working in different parts of the country, mainly in the Salto region.
The company has established itself in the Uruguayan market with projects in both the wind and PV sectors, becoming the leading provider of O&M services in Latin America, with maintenance contracts totalling 2.5 GW.
Having already supplied over 115 MW distributed between two PV plants in the Salto region, Ingeteam is now the leading player in Uruguay’s PV market. Since 2004 it has supplied more than 1,000 protection and control units for the electrical grids to the UTE, Uruguay’s state-owned utility company whose activities include the generation, transmission, distribution and commercialisation of electrical power. Similarly, it has automated various evacuation substations for wind farms in the country.
Uruguay is strongly committed to renewable energies. In less than ten years, the country has substantially changed its energy mix, achieving days in which 100% of power generation is from renewable sources. Currently, with an installed capacity of more than 865 MW for wind power, 1.5 GW for hydropower and almost 400 MW in biomass, Uruguay is one of the countries with the greatest growth prospects in the American continent. Specifically by 2040 the country expects to increase its installed capacity six-fold to achieve 6.25 GW.