Capital Energy developing 504 MW of wind projects in Spain

Capital Energy wind park. Image by (https://capitalenergy-group.com)

August 31 (Renewables Now) - Spanish renewable power retailer Capital Energy unveiled on Monday proposals for 504-MW of wind power projects in its home country.

The renewables company plans to invest a total of EUR 330 million (USD 389.4m) to install four wind farms in the Teruel, Zaragoza and Tarragona provinces, and build the infrastructure needed to evacuate the electricity.

Capital Energy said it had filed for consent and presented environmental impact statements for the 96-MW Argetes, the 102-MW Arlo, the 114-MW Paucali and the 192-MW Cefiro wind projects.

These documents were released for public consultation by the Spanish ministry for the ecological transition and the demographic challenge, which handles the permitting process for energy projects considering more than 50 MW of installed capacity.

Once in operation, the wind parks should be able to generate more than 1.5 million MWh of clean energy per year, enough to meet consumption demand of more than 630,000 local homes and offset some 600,000 tonnes of carbon dioxide (CO2) annually, according to the developer.

Capital Energy claims it has some 35 GW of wind and solar power projects in its Iberian pipeline, of which more than 8.7 GW already have permissions for network connection.

(EUR 1.0 = USD 1.180)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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