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    Capital Energy plans to start building its first wind farm in Portugal by the end of 2022

    September 9, 2022 - CE Noticias Financieras


      Capital Energy plans to start building its first wind farm in Portugal in the last quarter of 2022 after the neighboring country's Direção Geral de Energia e Geologia (DGEG) granted it the production license, the company said in a statement on Thursday. "After passing this important administrative milestone, the project faces the final stage of its start-up, as it only needs to obtain the construction license, which will enable the company to start, foreseeably in the last quarter of this year, the construction of this renewable facility", said the company and Europa Press has also reported. In addition, Capital Energy is negotiating with different suppliers "renowned in the sector" the contract for the supply of the wind turbines that will equip this wind farm, a process that is expected to be completed in December 2022.

      Capital Energy's first wind farm in Portugal, Zonda, will be developed by the company's subsidiary in the country, Infinita Energia. Zonda will be located in Penafiel, a town in the district of Oporto, and will have an access capacity of around 46 megawatts (MW), distributed among nine turbines of 5.5 MW each. Each year it will produce more than 110,000 megawatt hours (MWh) of clean electricity, equivalent to the energy consumption of more than 43,000 Portuguese households, and will prevent the emission of almost 41,000 tons of CO2 into the atmosphere. In addition, the construction of the wind farm - Capital Energy reports - will mobilize investments of 50 million euros, will lead to the creation of approximately 290 jobs during the peak periods of the works and will have a tax contribution of almost 500,000 euros, according to the company's forecasts.

      The company emphasized that Portugal occupies "an essential place in the company's ambitious clean energy project" and highlighted that it has a portfolio of around 50 renewable projects with a total capacity of 2,500 MW. "The construction of this portfolio would involve an investment of around 2,600 million euros, as well as the creation of some 14,500 jobs," the company said. For its part, Infinita Energia could generate around 6,400 gigawatt hours (GWh), enough to satisfy with clean electricity the energy consumption of "more than 2.5 million Portuguese households", also avoiding the emission into the atmosphere of around 2.4 million tons of CO2.


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