Spain capital

Spanish company Capital Energy plans 20 MW wind project at home

March 24 (Renewables Now) — Spanish renewable energy retailer and project developer Capital Energy announced plans on Wednesday to build a 20 MW wind farm in the Navarre region of northern Spain.

The proposed Joluga wind farm will be located in the Navarrese municipalities of Eslava and Ezprogui, where the promoter plans to erect five wind turbines of 4 MW each. Construction costs for the project are estimated at more than 20 million euros ($22 million), Capital Energy said.

Once in operation, the Joluga wind farm would generate some 60,000 MWh of electricity per year, according to the company.

Capital Energy announced the project on the occasion of the signing of an agreement with the city council of Eslava, by which the company is committed to promoting socially and environmentally responsible initiatives in the community throughout the term life of the Joluga project. The company said it is offering to sign similar agreements with Ezprogui City Council and other municipalities that will host Joluga’s turbines and connecting infrastructure.

Capital Energy calls these agreements Proyecto Territorios and, through them, pledges to be a good neighbor to the communities where it builds its projects by providing them with tailored funds and contributions for initiatives that bring value to hosts. The company has so far signed eight such agreements.

(1.0 EUR = 1.098 USD)

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