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Wind in sails

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IN a bid to accelerate the ecological transition in Europe and reduce the continent's dependence on fossil fuels, the European Investment Bank (EIB) signed a ‘green loan agreement’ for the development of one of the largest wind farms in Castilla y León.

The agreement, which was signed on Friday, March 3, will see two Spanish companies, Iberdrola and Caja Rural de Soria, receive a €55 million ‘green loan’ from the EIB for the joint venture.The wind farm, located in Buniel in the Burgos Province, will have the capacity to generate enough energy to run 69,700 households and could cut up to 90,000 tonnes of carbon dioxide emissions every year. The project aims not only to reduce the carbon footprint of the region but also to contribute to the REPowerEU Plan.

The ambitious plan also aims to end Europe’s dependence on Russian energy imports and to speed up the transition to environmentally­friendly energy sources.

Madrid, was presided over by the King and Queen of Spain. The Salón de Columnas was the perfect setting to present this technological milestone, which offers a new dimension to Spain’s past and present.

The ‘Historia Hispánica’ portal is like a ‘Google Maps’ of Spanish history, with 150,000 geographical references which also link people to events. Spain is the first country in the world to have its history geo­referenced in this way. The main page features a world map that can be viewed in 2D or satellite format. As the image is enlarged, pins appear on the map, indicating the places where some historical event occurred, dating back to the year 1,350,000 BC.

The EIB’s ‘green loan’ will help to finance the development of the wind farm, including the construction of wind turbines and other infrastructure.

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