The Regional Ministry of Economy of the Xunta has announced that it is submitting to public information the request for authorization  of its third Galician wind farm: Troitomil. Located in the province of A Coruña, it will have an installed capacity of 30 megawatts (MW) and will involve an investment of around 21 million euros.
The five wind turbines of this renewable Capital Energy facility will be capable of supplying more than 100,000 megawatt hours (MWh) of clean energy per year, equivalent to the consumption of more than 43,500 Galician homes, and will avoid the annual emission into the atmosphere of more than 42,000 tons of CO2.
The Troitomil wind farm, located in the municipalities of A Baña and Negreira, will also promote the creation of up to 180 jobs during its construction phase and will have an annual economic impact on the regional (wind canon) and local (IBI and IAE) coffers, as well as through leasing contracts, of around 250,000 euros. To this recurring amount is added the timely payment of the ICIO, which will amount to 800,000 euros.
Recently, the Ministry of Economy has also submitted to public information the first two wind farms of Capital Energy in Galicia: Banzas and Maragouto, which will have an installed capacity of 31 MW and 35 MW, respectively.
The development of these three wind projects, with a total power of about 100 MW, represents a clear example of the company’s commitment to the region, in which it plans to invest in the short term about 90 million euros, which, among other benefits, will lead to the creation of more than 550 jobs during the construction phase.
It should also be noted that Capital Energy has an office in the municipality of Ames in which 15 employees already work, some of them residents of the municipalities of Mazaricos, Outes, Negreira and A Baña.
The company currently has around 40 renewable energy projects in Galicia, all of them wind power, distributed in the four provinces. They have a combined capacity of almost 1,100 MW and their development will involve a global investment of approximately 780 million euros.
More than 35 GW of project portfolio in the Iberian Peninsula
Capital Energy currently has a portfolio of wind and solar projects in Spain and Portugal that exceeds 35 gigawatts (GW) of power, of which more than 7 GW already have the grid access permits granted.
Thanks to the launch of its trading company, in the last quarter of 2020, Capital Energy has completed its strategic objective of being present throughout the entire renewable generation value chain: from promotion, where the company has a consolidated position given its trajectory of almost 20 years, until the construction, production, storage, operation and supply.
The objective of the company, which has grown from 30 people to more than 350 in the last three years, distributed throughout 14 offices in Spain and Portugal, is to bring the 100% renewable energy that it is already producing in its own facilities.