Spain Initiates Floating Offshore Wind Projects to Attract Over €20 Billion Investment
WIND ENERGY
Spain has launched a process to develop floating offshore wind energy, aiming to secure over €20 billion in investment and install 1 to 3 GW by 2030. The government is consulting on auction rules, project concessions, and grid access.
The initiative focuses on adapting state-owned ports for offshore renewables. The Canary Islands are a key area for floating technology due to suitable deep waters. This strategy aims to enhance energy security, diversify the renewables sector, and create jobs in related industries.

Feb 5, 2026, 5:22 PM