Spanish renewables developer Capital Power has 505 MW of floating wind initiatives in improvement within the waters across the Canary Islands, the corporate’s offshore director Pablo Alcon stated in an interview with native media outlet El Espejo Canario.
The overall worth of the funding is EUR 2.5 billion (USD 2.67bn).
Alcon talked about 4 initiatives presently within the works. These are the 255-MW Maresia, the 50-MW Timanfaya, the 150-MW Mencey and the 50-MW Granadilla.
The Granadilla undertaking is product of a cooperation between Capital Power and Spanish offshore wind specialist BlueFloat Power.
Alcon expects to see applicable laws that may assist these form of initiatives within the coming months, together with public sale guidelines and remuneration framework, he stated.
Capital Power has been going after floating wind in Spain’s Atlantic Ocean archipelago since not less than 2021 when it signed its first partnerships with native shipyards.
Within the spring of 2022, the corporate signed an settlement with oil-and-gas main Shell Plc (LON:SHEL) to collectively discover offshore wind improvement in Spain and Portugal. This was later adopted by settlement with BlueFloat.
(EUR 1.0 = USD 1.066)
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