- With an investment of 20 million euros, the Los Gigantes wind farm will be able to generate 62 GWh per year.
- Endesa's Strategic Plan calls for the investment of 3.8 billion euros to reach 10.2 GW of renewable installed capacity by 2022
Teruel/Zaragoza (Spain), April 30th, 2020 - 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 euros.
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.
Endesa currently manages more than 7,176 MW of renewable capacity in Spain. Of this figure, 4,701 MW are from conventional hydropower. The rest, more than 2,468 MW, are managed through EGPE and come from wind (2,036 MW), solar (339 MW), mini-hydro (79 MW) and other renewable energy sources (14 MW).
Enel Green Power, within the Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of over 46 GW across a generation mix that includes wind, solar, geothermal and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants.