Ørsted enters Spanish onshore renewables market

Wind Industry Profile of

Ørsted has entered four partnerships to pursue early-stage solar and onshore wind projects in the upcoming grid auctions in Spain and announces multi-GW ambitions in the market long-term. To support its Spanish ambitions, the company has established a team and office in Madrid.

In 2021, Ørsted entered the European onshore market by acquiring Brookfield Renewable Ireland’s onshore wind platform, from which Ørsted is developing high-potential projects that will contribute to the Group’s growth ambitions of approx. 17.5 GW onshore renewable capacity by 2030. Building on its Irish/UK onshore platform and experience in evaluating European energy projects, Ørsted is now establishing an onshore business in Spain – one of Europe’s largest... ... More: Official Press Release Ørsted

Keywords:

Ørsted, Spain, onshore, market, wind, solar, project, developer, partnership, long term, ambitions, government, renewable energy, Madrid, office, GW