Iberdrola plans first industrial-scale floating offshore wind farm in Spain with an investment of more than €1 billion

By Renewable Energy World Iberdrola is planning what it says will be the first industrial scale floating offshore wind farm in Spain. The 300-MW project will cost more than €1 billion said the company. It will be located off the Spanish coast.

The renewable facility could become a driver of the country’s industrialization and job creation, said Iberdrola, estimating that it would provide more than 2800 jobs per year in research, design and engineering before the wind farm becomes operational in 2026.

Iberdrola said the project requires the participation of 66 Spanish companies and technology centers, including 52 SMEs.

The project represents an opportunity

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