The power company plans to invest close on 100 million euros to build 13 wind farms in Gran Canaria and Fuerteventura over the next two years
Gas Natural Fenosa Renovables plans to begin construction in the next few days of five wind farms on Gran Canaria, the first for the company in the Canary Islands. The wind farms, which will be located in the municipality of Agüimes, and they are: La Vaquería, Montaña Perros, Triquivijate, Doramas and Haría.
These projects, which comprise 14 MW of power in total, form part of the 13 wind farms that Gas Natural Fenosa Renovables registered under the quota opened by the Ministry of Industry, Energy and Tourism in 2015 for developing wind power in the Canary Islands. The facilities will be subject to a special tax regime and must be operational before 31 December 2018. The company continues working on the administrative procedure for the eight remaining projects in order for their construction to begin soon. Furthermore, the power company is finalising the technical contracts with the electricity distributor for access to the grid and construction of the necessary infrastructure.
Gas Natural Fenosa Renovables was the company awarded the largest stake in the quota from the Ministry of Industry, with a total of 13 facilities in Gran Canaria (10 wind farms, 45 MW) and Fuerteventura ( 3 wind farms, 20 MW).
The projects registered by Gas Natural Fenosa Renovables reflect an associated investment of close on 100 million euros. These infrastructure projects will help reduce the emission of gaseous pollutants in the Canary Islands by three million tonnes and will allow a saving of 345 million euros in the cost of electricity production over the 20-year average lifespan for this type of facility.