Iberdrola plans first industrial-scale floating offshore wind farm in Spain with an investment of more than €1 billion.
The project is part of the 150 initiatives presented by the company to the Next Generation EU for the industrial transformation of Spain, which would mobilise investments of 21,000 million and involve hundreds of SMEs.
Iberdrola is planning what will be the first industrial scale floating offshore wind farm in Spain, to which it would allocate more than €1 billion of investment to commission 300 MW of clean energy off the Spanish coast. The project represents an opportunity to develop the country’s supply chain and establish Spanish industry as an international benchmark. It has been submitted to the Next Generation EU programme and is aligned with the pillars of the Spanish government’s Recovery, Transformation and Resilience Plan.
The renewable facility would become a driver of the country’s industrialisation and job creation. The study, design and engineering could begin this year and it could generate more than 2,800 jobs per year until it becomes operational in 2026. The scheme would require the participation of 66 Spanish companies and technology centres, including 52 SMEs. In the short term, the initiative could generate between 1,000 and 2,000 jobs during 2021-2022, before the start of the construction phase,