contents | business | |||||||||
| Acciona completes the assembly of its third wind park in India Acciona Energy, the biggest Spanish wind power company, has commisioned its third wind park in India, the 56.1 MW Tuppadahalli facility, which represents an investment of 58 million euros. This development strengthens the company's presence in India, where its total installed capacity is now 85.8 MW, putting it at the head of Spanish wind power developers with their own assets in that country. Tuppadahalli joins Arasinagundi (13.2 MW), installed in 2007, and Anabaru (16.5 MW), built in 2008. Both wind farms are the best performing ones in terms of capacity factor, with 36.7% compared with the average data (21.2%), according to a survey issued by Bloomberg-New Energy Finance on 111 operational wind power projects in India representing 1.350 MW. All three are 100% owned by Acciona. Also located in the state of Karnataka, the new park contains thirty-four 1,650 kW wind turbines and its renewable energy production will avoid the emission of 129,000 metric tons of CO2 a year from conventional power stations in the state. On a yearly average basis, it will generate enough clean energy to power around 35,000 average Indian homes. The energy is being sold to the state owned distribution utility MESCOM. In December 2010, Acciona signed a long-term financing agreement for Tuppadahalli with Infrastructure Development Finance Company Limited (IDFC), the leader in infrastructure financing in India. The agreement was reached in three months, a record for this type of operation. write your comments about the article :: © 2011 Construction News :: home page |