CAVAR ONSHORE WIND FARM COMPLEX
Cavar is one of the biggest wind farms Iberdrola has developed in Spain in recent years
Iberdrola will build four new wind farms in the municipalities of Cadreita and Valtierra in Navarre, which are set to become operational by the end of 2020. This wind farm complex will generate enough energy to power 46,500 households per year and prevent emissions of 84,000 tonnes of CO2 every year.
Number of wind turbines
32 SG132 turbines
Total installed capacity
Start of operations
Cavar onshore wind
Iberdrola, together with Caja Rural de Navarra, is launching a new renewable facility: With an installed capacity of 111 megawatts (MW), the Cavar complex will become one of the biggest wind farms developed by the company in Spain in recent years.
The four onshore wind farms making up the Cavar complex will be located in the municipalities of Cadreita and Valtierra. Its construction, which will imply the creation of up to 200 jobs, will begin in the coming months and the complex is set to become operational in the end of 2020 following the installation of a total of thirty-two SG 3.4-132 turbines, each with a power of 3.4 MW, the largest used on an onshore wind farm in Spain to date. With blades measuring 64.5 m and a rotor diameter of 132 m, this is the ideal model for sites with medium and high winds.
This wind farm complex will generate enough energy to power 46,500 households per year and, because this is renewable energy, it will prevent emissions of 84,000 tonnes of CO2 every year. Cavar is also the first wind project Iberdrola has developed in Europe with the aim of selling part of the energy to companies through long-term power purchase agreements (PPA).
The company has signed a PPA with Nike to supply 40 MW of clean energy to the sports firm's facilities in Europe. It is the third agreement of this type that the Iberdrola group has signed with Nike, following the two it already has in the United States. Once the Cavar wind farm complex has been built, Nike will receive — on both sides of the Atlantic — a total of 209 MW of renewable energy belonging to Iberdrola.
Besides this, the European Investment Bank (EIB) is assisting this project via a Green Loan — the features of which are fully in line with the requirements set out in its Climate Awareness Bonds program — which will provide 50 million euros in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and Caja Rural de Navarra to build this new renewable energy project.
With the construction of the Cavar complex, Iberdrola is bolstering its commitment to renewables in Spain, where it will initiate 700 MW of wind and solar projects in 2019, as well as its position as a leading wind power developer in the country. This is in addition to a further 2,000 MW of renewables (wind, solar and hydroelectric) worldwide planned by the group for 2019. As things stand, Iberdrola's renewable installed capacity, mainly wind and hydro-electric, totals more than 15,800 MW in Spain and more than 29,500 MW worldwide.
- EIB grants EUR 50m loan to Iberdrola and Caja Rural de Navarra to build new wind complex in Navarra
- Iberdrola and Nike go global with new green energy partnership
- Iberdrola launches the Cavar Complex project to boost its investment in wind power in Spain