Enel announces a new investment of 20 mln. euro in Spain

0

Enel Green Power España (EGPE), Endesa’s renewable energies subsidiary, has begun construction of a new 21.3 MW wind farm in the towns of Blesa and Moyuela in the Teruel and Zaragoza provinces. Investment in this project amounts to 20 million euro.

The wind farm, which will comprise six wind turbines of 3.55 MW each, will generate around 62 GWh of power per year once they come online, which is expected before the end of the year. Once fully operational, this facility is set to avoid the emission of approximately 41,000 tons of CO2 into the atmosphere.

In 2019, Enel Green Power España connected thirteen wind farms in Aragón, located in the Teruel and Zaragoza provinces, for a total capacity of 424 MW. Construction of this renewable capacity is part of Endesa’s strategy to fully decarbonize its generation mix by 2050. According to the company’s Strategic Plan, the next milestone is to achieve 10.2 GW of installed renewable capacity by 2022, up from 7.4 GW in 2019, for a total investment of around 3.8 billion euros.

Endesa employs a project development model that encompasses actions to create social value for the areas in which they are built, the so-called Creating Shared Value (CSV) model. For these four projects, the CSV actions have prioritized the incorporation of local labor, as well as locally hiring catering services and workers’ accommodation.

Share.

Leave A Reply