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    Iberdrola Renovables and Aerva sign MoU to develop windfarms off French coast

    News // June 30, 2011

    Iberdrola Renovables and the French company Aerva have signed a Memorandum of Understanding (MoU) to jointly bid on two zones for offshore wind power development off the French coast.

    The companies have agreed to bid for two of the five areas that the French government has offered for competitive tender in a first phase in this country, totalling 3,000MW.

    The two zones would have a combined power of between 1,000MW and 1,500MW.

    "These are two of the areas offering the best conditions in the world for this type of project," said the companies in a statement.

    Iberdrola Renovables has been conducting wind and feasibility studies for offshore projects in these regions for some years.

    Under the agreement, if they are awarded the projects, Aerva will be the exclusive supplier of the turbines for the offshore windfarms, and Iberdrola Rebovables will be responsible for the start-up and operation of the facilities.

    The French government recently announced its objective of reaching 6,000MW in offshore energy by 2020, making France one of the most attractive markets for developing this type of energy.


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