ACCIONA completes the first wind park built by a Spanish company in South Korea
Madrid, Spain - ACCIONA has completed the grid connection of the 61.5 MW Yeong Yang wind park in South Korea. It is the first facility of its kind built by a Spanish company in that country and represents an investment of around 100 million euros.
The Yeong Yang windpark, 100% owned by ACCIONA, was registered by the United Nations as a project under the Clean Development Mechanism (CDM) in February this year. This registration is for a period of ten years, during which time the facility will avoid the emission of 1.11 million metric tonnes of CO2 (112,812 tonnes a year). ACCIONA will obtain Emission Reduction Certificates for this, which it can then sell on the emission trading market. According to the company it is ACCIONA
Source: IWR Online, 15 Jun 2009