San Cibrao Floating Offshore Wind Project is a 490MW offshore wind power project. It is planned in North Pacific Ocean, Galicia, Spain. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Offshore||490||–||490||Announced||Galicia, Spain||Iberdrola|
The project is being developed and currently owned by Iberdrola.
The project cost is expected to be around $1,700.3m. 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 2027.
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.
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.