ENDESA Will Build 500 MW of Wind Installed Capacity in the Region of Valencia.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 17, 2002 -- ENDESA has been awarded this wind power capacity in a bidding promoted by the Generalitat Valenciana. -- The awarded company, Proyectos Eolicos Valencianos S.A., a company mainly owned by ENDESA Cogeneracion y Renovables, will develop the project with an estimated investment of EUR 450 million. -- MADE, a fully owned ENDESA subsidiary, will be the company in charge of building the aerogenerators that will be installed in the wind farms. -- This Wind Plan in the Valencia Region increases ENDESA Cogeneracion y Renovables plans, which amount to 1,500 MW in the next three years. Proyectos Eolicos Valencianos S.A., a company mainly owned by ENDESA Cogeneracion y Renovables (ECYR ECYR Endesa Cogeneracion y Renovables (Spain) ), has been awarded with 500 MW of wind installed capacity, in a bidding promoted by the Generalitat Valenciana The Generalitat Valenciana (in Valencian) o Generalidad Valenciana (in Spanish) is the generic name covering the different self government institutions under which the Spanish autonomous community of Valencia is politically organised. . The bidding, initiated in October, included the construction of 1,700 MW of wind installed capacity in 15 sites selected by the Valencian Authorities. 15 windmills The List of windmills is a link page for any windmill or windpump. Collections
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The awarded 500 MW, will mean developing the new installed capacity in three areas with an estimated investment of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 500 million. This project reinforces ENDESA Cogeneracion y Renovables leadership in the renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. sector, in which is currently operating more than 1,600 MW, and will increase the presence of Endesa on the Region of Valencia. MADE, a fully owned ENDESA subsidiary, will be the company in charge of building the aerogenerators that will be installed in the wind farms. ENDESA Cogeneracion y Renovables is currently operating more than 600 MW of wind power across Spain, specially in Galicia, Aragon, Castilla-Leon, Andalucia and the Canary Islands Canary Islands, Span. Islas Canarias, group of seven islands (1990 pop. 1,589,403), 2,808 sq mi (7,273 sq km), autonomous region of Spain, in the Atlantic Ocean off Western Sahara. They constitute two provinces of Spain. Santa Cruz de Tenerife (1990 pop. . These Wind Farms in the Valencia Region increase its plans, which amount to 1,500 MW in the next three years. |
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