MADRID (AFX) – Endesa SA said its co-generation and renewables division has signed an agreement with Grupo Elecnor’s Enerfin Enervento unit to jointly develop offshore wind farms in Spain.
In a statement, Endesa said the partners will have equal stakes in the new consortium, Consorcio Eolico Marino Cabo de Trafalgar, which initially will pursue offshore wind generation along Spain’s southern coast.
Endesa estimates a total potential capacity from offshore wind farms of 3000 megawatts, a quarter of the wind power currently generated on land.
Separately, Endesa said its Denise electricity distribution research project has been approved to receive support by the Industry Ministry’s Centre for Industrial Technological Development.
Denise, a four year project with a 30 mln eur budget to research development of a new generation of electricity distribution networks, has 12 participating firms and 7 research institution members led by Endesa.
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