For many years, wind energy has played an important role in the future mix of global energy generation, as a sustainable, scalable and local production mode.
In addition, in recent decades technological advances have made it possible to increase the performance of wind turbines. Nowadays there are a great variety of models that allow to adapt to the specific conditions of each site, and make the most out of the wind. New designs offer ever-higher powers and feature wider rotor diameters. According to WindEurope, the European Association of Wind Industry, in the next three years, ground turbines will exceed 4 MW of power. This will reduce the final cost of wind energy, thanks to both the adjustment of the investment, and the improvement of the efficiency of wind turbines.
At IMPULSO we have an extensive background in the investment and development of wind farms which started in 2000, with the establishment of one of the first renewables European companies, Fersa Energías Renovables, S.A., with a stake of 5.5 percent.
FERSA was the first independent company dedicated exclusively to the development of renewable energy, mainly wind, which was listed in the Spanish Stock Exchange, in 2007. The purpose of this company is to generate energy from 100 percent renewable sources. FERSA began its activity internationally in 2008, with the launch of the international diversification of its business, with operations in Spain, France, India, Poland, and Panama.
We held relevant positions among the FERSA shareholders until the end of 2016, when the stake was sold and the group switched to a new company, focused on the investments in new projects related to the water and energy nexus.
In 2016, FERSA’s current portfolio of renewable energies in operation was of 185.-MW of installed capacity in Spain (139), Poland (34), and France (12), with total annual productions 389.-GWh.
Between 2015 and 2018, the IMPULSO team carried out the prospection and development of several wind farms in Chile. Among them stands out the participation in a Belgian-Chilean consortium of development and prospection for the financing of the Parque Eólico Viento Fuerte, in the Arica region, that considered the installation of 33 turbines for a total installed power of 112,20.-MW, with an investment of 191.-MUSD and an estimated production of 335.-GWh per year.
Renewable energies are investments with short-term returns that allow to move towards a new energy model, based on the priority use of clean resources.
Their use has an increasing impact on the competitiveness and, also, helps countries advance towards the international climate commitments.
In June 2019, the European Union established its own 2030 Renewable Energy Targets, setting a 32% penetration target that will be applicable to all Eurozone countries. Likewise, European bodies have established the right of citizens, local authorities, small and medium-sized businesses, and cooperatives, to produce, consume, store and sell their own renewable energy, without being subject to taxes, which brings confidence and security to all users.