XEAL launches another environmental investment worth 4 million euros

The project will be carried out in the Sta. Uxía reservoir, to take advantage of its ecological flow, in line with European Union guidelines to increase renewable generation capacity and thus contribute to the security of energy supply of member countries, which is critical since the outbreak of the conflict in Ukraine.

The project does not involve a modification of the reservoir or the existing power plants, but the installation of 2 Kaplan turbines with a combined capacity of 3.5 MW.

The plant will have an annual production of 16 GWh, which will be predictable and reliable as it is an ecological flow with known flows throughout the year and will avoid the discharge of about 8,500 tons of CO2 into the atmosphere per year.

With an investment of close to 4 billion euros, work on the plant is expected to start once the required authorizations from Aguas de Galicia and the Regional Ministry of Industry have been received. The estimated construction period is 16 months, employing 200 people during the duration of the project with peaks of up to 50 people simultaneously. Xeal is committed to contracting only Galician companies.

This investment, like all those made by Xeal, is in line with the company's 4 strategic axes: Maximum commitment to safety in the performance of its workers' activities, full compliance with environmental regulations, a preventive culture for the long-term maintenance of assets and being increasingly efficient and effective in order to compete. However, in this case, the environment is the priority axis.To date, Xeal has invested €12 M: €7.5M in the ferroalloys division and €4.5M in the energy division.