Patagonias new building materials plant in Patagones is already producing enough energy to power the entire building of its namesake mountain, the first such facility in the world.
And that’s without taking into account the carbon footprint of the plant.
“The energy footprint is zero.
That’s the main metric that comes out of this plant,” Patagonica president and CEO Paul Gifford told CNBC on Wednesday.
“It’s zero carbon.
Zero greenhouse gas emissions.
Zero net zero emissions.”
The company, which is one of the largest companies in the Patagonese forest, plans to convert its new Patagono Building Materials plant into a new “bioenergy” plant that will power the facility, Giffords said.
The plant will be constructed in the middle of the Patuxent Mountains.
The company expects to produce 10 gigawatts of energy, or about one-fifth of its current energy needs, from the plant, Gaffords said, adding that it is “going to be a game changer for Patagony.”
The Patagona plant has the potential to provide energy to nearly 20 million people, the company said.
It is part of Patagonas “Battles the Ravages of Climate Change” initiative.
Giffords noted that it will be more efficient for the plant to be built in Patuñas “big heart.”
“The bigger heart is going to be to build that plant in the heart of the beautiful Patagonic mountains,” he said.
“There’s no other place on earth where you can put that big heart.
And Patagonians big heart is our heart.”
The company has invested more than $500 million in the plant and is seeking to expand its capacity to produce 100 gigawatts by 2025.
Patagonan president and chief executive officer Paul Gauden told CNBC the plant would also help create jobs.
“This plant is going in the right direction and we’re very proud of that.
We’re really excited about the plant,” Gaudens said.
The company also announced it is working with the U.S. Department of Energy to help with the plant’s construction and upgrade.