Thursday, April 25th, 2024
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SPAIN
World’s Largest Floating Offshore Windfarm Worth €1 Billion Planned

Spanish utility company Iberdrola lays out its proposal for world’s largest floating offshore project.

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 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 says the project could lead to the creation of some 2,800 jobs per year, between now and its estimated completion in 2026.

 

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