Naturgy awarded subsidy for 20 MW of wind projects on Canary Islands

Spanish power and gas utility Naturgy Energy Group SA (BME:NTGY) announced that it has been awarded close to 20 MW of capacity in the second tender process aimed specifically at installing wind power on the Canary Islands archipelago.

Tendering for the capacity and accompanying state aid, co-financed by the European Regional Development Fund (ERDF), was finalised in early May 2021, when the implementing agency provisionally selected 98 MW of wind projects as part of the EolCan 2 programme. Naturgy announced its success after the Spanish agency, the Institute for Diversification and Saving of Energy (IDAE), issued a definitive resolution to award the subsidy to the proposed projects.

Naturgy’s award corresponds to the 9.2-MW Camino de la Madera and the 10.75-MW Aguimes projects. Both wind farms will be located on the island of Gran Canaria.

The utility plans to start construction over the course of 2021 and commission the wind farms next year, it said.

At present, Naturgy has ten operating wind farms with a combined capacity of 74.6 MW in Spain’s Atlantic Ocean islands.

In May, Spanish utility Iberdrola SA (BME:IBE) and renewables developer Grupo Ecoener SA (BME:ENER) announced that their projects had been provisionally selected to receive support in the EolCan 2 programme. The award to both companies was confirmed in IDAE’s definitive resolution, according to the document.

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