Iberdrola Renovables starts construction of new wind farm

Green Energy

Iberdrola Renovables has begun construction of the O Vieiro wind farm near the towns of Bande and Verea in Orense province, in the northwestern Spanish region of Galicia. The plant, with a production capacity of 19.9 megawatts, will cost approximately €21 million ($29.8 million).

The company is installing 19 wind turbines on the site, 16 of them Gamesa G-58s producing up to 850 kilowatts, two G-80s turning out 2,000kW, and a G-87 unit that produces another 2,000kW of electric power. The annual production of the facility is estimated at 45,000MWh, enough to supply the annual power needs of about 40,000 people and will avoid the emission of 18,000 tons of CO2 each year.

Official permits to build the facility were granted in August. The new plant strengthens Iberdrola Renovables’s position in Galicia, where it already operates 15 wind farms with a total capacity of nearly 600MW, and is to add another 25MW before the end of the year. (Energy Business Review)


EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023 Analysis

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed


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.