Wednesday, 16 October 2013

Gamesa signs agreement with Iberdrola to supply wind turbines for Penascal expansion project
10 Oct 2013

Gamesa Corp and Iberdrola Renewables have signed a supply agreement for the 202MW Baffin wind farm project, which is an extension to the Penascal wind power complex in Texas. Under the agreement set to begin in mid-2014, Gamesa Corp will supply, install and commission 101xG97 wind turbines of 2MW each for the project, which is likely to become operational by the end of 2014.

To be built with an estimated cost of around $400m, the under-construction project will increase the Penascal complex's total capacity to 606MW, thus becoming Iberdrola's largest renewable energy facility in the world. Located in Kenedy County, the complex is likely to generate enough electricity to power 210,000 households and curb 850,000 tons of CO₂ emissions annually.

Pending approval from the local government, the project will significantly contribute to growth of the local economy by creating up to 240 jobs during construction phase and eight fulltime operational jobs. As one of the largest wind developers, Iberdrola can use the contracted turbines at other US sites if it fails to secure approval from the local government.

The agreement represents Gamesa Corp strengthen its position as Iberdrola's main wind turbine supplier as it provided 9,000MW out of 14,000MW turbines Iberdrola installed worldwide.