€1 billion windfarm planned for Spain

By Mike Hayes19 February 2021

Bilbao-based Iberdrola lays out its proposal for world’s largest floating offshore project

Iberdrola’s president, Ignacio Galán, visits an offshore wind farm

Spanish utility company Iberdrola has announced plans to develop the world’s largest floating offshore wind farm.

The company has submitted its proposal for the 300MW project, to be located off the Spanish coast, to the European Union’s Next Generation programme.

If the project is approved, Iberdrola will begin studies for design and engineering work this year, for an array more than three times larger than any other in the floating offshore category.

The company says the project could lead to the creation of some 2,800 jobs per year, between now and its estimated completion in 2026, with more than 60 Spanish companies involved, including more than 50 small and medium enterprises (SMEs).

Moreover, the wind farm is being seen by Iberdrola as the first element of a larger wind energy strategy, which could involve the development of up to 2GW of floating offshore wind projects, to be located off the coasts of Galicia, Andalusia and the Canary Islands.

The company already has one of the largest offshore wind pipelines in the market, amounting to more than 30GW, and expects to reach a total capacity of 4GW in offshore wind alone by 2025.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44(0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA
Latest News
‘Once in a lifetime’ moment for US infrastructure
Pete Buttigieg, US Secretary of Transportation, says low interest rates and high unemployment have created a generational opportunity to invest in infrastructure
Doosan to show XiteCloud tech at Hillhead Digital
Doosan Infracore’s new XiteCloud quarrying, mining and construction platform will be presented to the UK for the first time at this year’s online event
VDMA reports positive news for German construction
Trade association reports 17% fall in equipment production in 2020 was less than was feared