Capital Energy acquires wind turbines for its first wind farm in Andalusia, Loma de los Pinos, from General Electric
- This renewable energy facility, located in the province of Seville, will have an installed power of 39 megawatts (MW) and its development involves an investment of €36,000,000.
- The seven wind turbines (model GE Cypress, each with a 5.5 MW unit potential) in the first Capital Energy wind farm in Andalusia will be capable of supplying clean energy to some 40,000 homes and will prevent the emission of more than 41,000 tonnes of CO2 into the atmosphere per annum.
- In the municipal district of Lebrija, Loma de los Pinos it will have an annual financial impact on the local coffers, and also through leasing agreements, of more than €250,000.
Seville, 19th January 2021. Capital Energy, a Spanish energy Company founded in 2002 with the vocation of becoming the first vertically-integrated 100%-renewable energy operator on the Iberian Peninsula, continues to move forward to ensure the development of its clean energy project with the start of construction on its first wind farm in Andalusia, Loma de los Pinos.
The Company has just signed a sales contract with General Electric (GE) for the seven wind turbines for this renewable energy farm. The model is Cypress and they will each have 5.5 megawatts (MW) of unit potential. These wind turbines, the most powerful onshore turbines that GE can provide, measure 158m in diameter and are 101m tall, have never before been installed in Spain.
It must be noted that the majority of these wind turbines will be produced in factories across Spain that work with the supplier. For example, the rotor blades will be made in Castellón by LM Wind Power, like the towers and other electrical and mechanical components.
Meanwhile, Capital Energy and GE have signed a post-sale agreement for the monitoring and preventive and corrective maintenance of these turbines for a period of 20 years.
Located in the province of Seville, Loma de los Pinos will have an installed power of 39 MW, and its construction, which began in December, and is expected to last about a year, will involve an investment of more than €36,000,000.
The seven wind turbines in the first Capital Energy wind farm in Andalusia will be capable of supplying 103,000 megawatt hours (MWh) of clean energy, equivalent to the consumption of around 40,000 homes in the region, also preventing the annual emission of more than 41,000 tonnes of CO2 into the atmosphere.
Loma de los Pinos wind farm, in the municipal district of Lebrija, will stimulate the creation of more than 220 direct jobs during the peak periods of its construction. In the operation and maintenance phase it will also give permanent jobs to eight professionals from the area.
Moreover, the plant will have an annual economic impact on the local coffers (mainly property tax and trade tax), as well as from lease agreements, of more than €250,000. About €500,000, which is the one-off payment for the tax on construction, installations and building works (ICIO), can be added to this recurring sum.
Apart from Loma de los Pinos, Capital Energy currently has 20 renewable energy projects in Andalusia, 15 wind and 5 solar, spread over six of the eight provinces. All together they total over 1,120 MW, all with access to the network, and their development will involve a global investment of approximately €900,000,000.
