North Atlantic Floating Offshore Project_Iberdrola is a 300MW offshore wind power project. It is planned in North Atlantic Ocean, Canary Islands, Spain. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.
The project is being developed and currently owned by Iberdrola. The company has a stake of 100%.
The electricitiy generated from the plant will offset 202,500t of carbon dioxide emissions (CO2) a year. The turbines will be mounted on floating type foundations.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
For more details on North Atlantic Floating Offshore Project_Iberdrola, buy the profile here.
Iberdrola SA (Iberdrola) is an energy utility. It constructs, operates and manages power generation plants, transmission and distribution facilities and other assets. The company produces electricity using conventional and renewable energy sources. It also trades electricity and gas in wholesale markets; and retails electricity, gas, and other related products and services. Iberdrola retails energy to residential, commercial, industrial, institutional and other customers. In its transition to a sustainable energy model, the company makes considerable investments in smart grids, renewable energy, large-scale energy storage and digital transformation. Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.