Iberdrola to build wind power plant in Ikervár (Hungary)

Iberdrola originally planned to set up 24 wind turbines with a total capacity of 40 MW, but the wind energy project received quotas for 24 MW.

Iberdrola decided to build 14 wind turbines in Ikervár, two near the village of Csenye and two near the village of Megyehíd. Iberdrola will accord HUF 1 million (€3,605) to the village for each operating wind turbine that the company completes.

Hungarian wind-power company Pannon Szélerõmû will build a seven wind turbines wind farm near Bábolna this summer, the regional newspaper 24 Óra reported on Wednesday.

Pannon Szélerõmû CEO László Hoffmann told the newspaper that the company expects to begin operation of the 15 MW wind farm in September.

The newspaper wrote that construction of the new wind farm will increase the number of wind turbines generating power in Komárom-Esztergom county to 69, noting that each wind turbine satisfies the annual electricity demand for between 1,500 and 1,800 households.

Spanish wind-power company Iberdrola Renovables commissioned its own wind farm, the largest in Hungary, in the same county last year, aiming to operate 62 wind turbines.

The first 25 wind turbines of the type Gamesa G90 were completed in February 2009, while the remaining 37 will be built this year, each with 2MW of nominal power. The wind farm has already started to market electricity last year.

In February, the European Bank for Reconstruction and Development (EBRD) signed an agreement to make equity investments up to €125 million in the form of capital increases in Iberdrola Renovables’ wind farm units in Hungary and Poland, acquiring 25% stakes in the Hungarian and Polish units with the investment.