Overseas property news - Wind of change blowing through spain?

Wind of change blowing through spain?

A much derided initiative in Spain is now paying dividends for the country…

At the end of March, The wind farm at Aeolian Parks in Spain produced 40.8pc of the country's electricity needs - 9,862 megawatts to be precise.

The oft criticized turbines produced enough wattage to power the great cities of Madrid, Barcelona, Seville, Valencia, Toledo, Cordoba, Granada, Santander, Bilbao, and Zaragoza combined. The workday record on a Tuesday, March 5, was 28pc.

Frank Mastiaux, the head of E.On's green operations, commented: “Years of nurture by the Spanish government have paid off. Spain is a global superpower in the wind race, with 15,000 MW of capacity. The region of Navarra is 70pc green, shielded against gas-shocks, Russian politics and soaring oil prices.

"We are beyond the boutique phase. When this began in the 1970s it was a niche play, a nice tax break for German dentists and doctors. Now it is turning into an industrial business. Productivity has grown by 150 times in 25 years."

“Today's wind turbines are a far cry from the archaic mini-mills that scar the landscape for little return, and provoke such fury in the English shires. They are vast, and each mast can power a neighbourhood.

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