Renewable Energy, Wind

Venezuela wind energy project nears final stage

Venezuela’s Paraguaná wind power project received components for its last 22 wind turbines, according to a release from state oil firm PDVSA.

Located near the Paraguaná refinery complex in Falcón state, the wind power project is expected to deliver 100 MW of capacity to power the neighboring oil refinery.

Spanish firm Gamesa is developing the project and has already installed 54 of the wind park’s 76 planned turbines.

The project began generating in December 2012 and since then has saved the Paraguaná refinery complex about $36.3 million by substituting renewable energy for diesel-fired generation, PDVSA said.