Fresh wind after years of crisis
In 2001, ABO Wind established its first foreign subsidiary in Spain. After years of euphoria and a fast expansion of wind energy there was a sense of disillusionment: When the economic crises began, the funding of wind energy projects was drastically cut. In the past few years, not many new wind farms were installed in Spain.
But starting in 2016, the government introduced new tendering procedures for the first time in a long while. Investors could apply without presenting specific projects; the auction resulted in contracts for €43/MWh. This is the lowest level ever awarded in an onshore wind tender in Europe, as the European Wind Association pointed out (read more).
Now, demand is high for wind and PV solar projects in Spain. ABO Wind is in a good position to sell projects or to offer engineering or construction services to third parties.
Our team located in Valencia also develops projects in regions with great wind conditions which could be feasible without government funding.
ABO Wind España S.A.U.
Embajador Vich 3, 3 Q
Manuel Crespo Marcos
Tel. +34 963 531 180
Fax +34 963 525 269