Iberdrola plans to build Spain’s first industrial-scale floating wind farm

The Spanish company Iberdrola is planning to build the first industrial-scale floating wind farm in Spain, for which it will invest more than 1 billion euros. “The project represents an opportunity to develop the country’s supply chain and transform Spanish industry into an international benchmark,” Iberdrola said in a statement.

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Research, design and engineering are due to start this year. The project will create over 2,800 jobs. The scheme will require the participation of 66 Spanish companies and technology centers, including 52 small and medium-sized enterprises. The project is also open for funding from the EU. Iberdrola already operates wind farms in the Baltic, North and Irish Seas, as well as in America and off the French Atlantic coast.

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