Navantia gets substation foundations job for 350-MW Iberdrola wind park

Jun 10, 2014 - Spanish shipbuilder Navantia has won an EUR-70-million (USD 95m) order to make the offshore substation foundations for Iberdrola’s (MCE:IBE) 350-MW Wikinger wind project in the Baltic Sea.

The execution of the contract is conditional on the allocation of enough grid capacity by Germany’s power regulator, power utility Iberdrola said on Friday. The firm added that the deal is expected to open more opportunities for Navantia shipyards in Puerto Real, Cadiz, for wind farm projects Iberdrola is developing in the UK and other European countries.

The Wikinger wind farm, worth EUR 1.4 billion, will be located off the coast of the island of Rugen, northern Germany. It will be powered by 70 turbines of 5 MW each, supplied by French company Areva SA (EPA:AREVA). Once up and running, the park will be able to generate enough electricity for over 350,000 German homes and help save nearly 600,000 tonnes of carbon dioxide (CO2) emissions annually.

The capacity of the Wikinger wind farm was initially planned to be 400 MW but was later reduced to 350 MW.

(EUR 1.0 = USD 1.359)

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