IberBlue Wind, an alliance specialized in the promotion of floating offshore wind farm projects, starts its activity today in the Iberian Peninsula where it aims to position itself as a reference player in the offshore market. The company was created with three partners in the capital: the Irish Simply Blue Group and the Spanish companies Proe Consultores (Amper Group) and FF New Energy Ventures.
According to its vice-president, Adrián de Andrés, the objective is to promote installations in Spain and Portugal with a capacity of 2,000 MW. To this end, the new company - which was incorporated last April - is focusing on Andalusia and Galicia, as well as central and northern Portugal.
IberBlue Wind aims to become a wind farm developer as it intends to divest the projects at the time of construction.
The new company can count on the experience of the Irish company Simply Blue, which is already developing a 100 MW offshore wind farm in Wales, as well as the strong presence in Spain of FF New Energy Ventures, which has already developed almost 3,000 MW of solar and onshore wind power.
500 MW projects
According to De Andrés to elEconomista.es, the intention is to carry out 500 MW projects in order to take advantage of economies of scale. The company expects to use wind turbines of between 15 and 18 MW to reduce costs.
The manager of this new company also insists that Spain is lagging behind in the offshore wind sector. The necessary regulation for the implementation is still not on the table, including the approval of the Marine Spatial Management Plans (POEM) and he considers that the Government is not being very ambitious in this regard.
De Andrés recalls that the Offshore Wind Roadmap sets a target of between 1 and 3 GW by 2030 and the executive considers that it should be at least 3 GW by that date with the intention of being able to aspire to be in the front line against plans ranging from 50 GW in the UK to 20 GW in France.
At the moment, the company has not yet made a decision on the type of floating technology to be used in its wind farms in Spain and Portugal. In the Welsh case, the company is using Principle Power technology (the same technology used in the floating farm already in operation in Portugal) but is analyzing developments with cement.
The company is already approaching local authorities and associations with the intention of getting to know their positions before launching the first projects in Spain, which it expects to do by the end of this year.
IberBlue Wind also wants to increase the weight of local production in its offshore wind farms and already has several offices in operation. Specifically, the ten people who currently make up the company's team are distributed between Bilbao, Madrid, Seville and Oporto.