Iberdrola cleared to build wind farm in Hódmezővásárhely, Hungary
The municipality of Hódmezővásárhely has given the green light to the wind energy park to be built by the Hungarian company of Spain’s Iberdrola S.A.
The nearly €30 million investment can be realized by 2012 following the licensing procedures. The Hungarian subsidiary of Iberdrola will set up 14 one-hundred-meter wind towers, each delivering 2 megawatts of power, over a 100 hectare area.
The units cost around €2 million each. The tenth larges energy provider has already started construction outside Ikervár in Vas county, building a complex of 13 towers producing a total of 27 megawatts on 200 hectares. Iberdrola has announced earlier it is investing €225 million into energy production in Hungary with the total output of 158 megawatts in the following years. (Napi Gazdaság)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.