Spanish renewable energy company Acciona Energia said on Monday it would build two wind farms with a total capacity of 72 MW in Croatia that would entail an investment of nearly 100 million ($102 million) euro.
The planned investment is linked to a 12-year contract for difference (CfD) with the Croatian electricity and gas regulator HROTE, Acciona said in a press release.
“This CfD was assigned through a tender and it is part of a scheme drawn up by the Croatian government and HROTE and approved by the European Commission to accelerate the production of renewable electricity and contribute to the European decarbonization targets,” the Spanish company said.
Together, the two wind farms will have 16 Nordex wind turbines, each with a planned capacity of 4.5MW, that will produce 203 gigawatts per hour (GWh), enough to meet the energy needs of 60,000 households. Once operational in 2024, these two wind farms will reduce CO² emissions by 135,000 tonnes a year.
The Opor (27 MW) and Boraja II (45MW) wind farms will be constructed at the Split-Dalmacia and Sibenik-Knin regions, southern Croatia, and will join the 30MW Jelinak wind farm complex in the Split-Dalmatia region that Acciona Energía has been operating since 2013.
These two projects contribute to the growth of Acciona Energía’s portfolio and its geographic diversification, the company added. The company keeps moving forward in its growth plans to double its size and reach a total installed renewable energy capacity of 20GW in 2025.
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