The Tuppadahalli wind farm will require an investment of €58 million and will strengthen the company's presence in India, increasing its wind power capacity there to 85.8 MW.
Tuppadahalli joins the wind farms at Arasinagundi (13.2 MW), installed in 2007; and Anabaru (16.5 MW), built in 2008. All three are 100% owned by Acciona. Also located in the state of Karnataka, the new wind farm will contain thirty-four 1.65-MW wind turbines which will help avoid the emission of 167,000 metric tonnes of carbon dioxide per annum from conventional power stations in the state.
Acciona Energy claims to be “the first Spanish wind power developer in terms of owned wind parks in India”. Its subsidiary has offices in Bangalore.
The company reveals that it sees India as a target market, reporting that it is the fifth largest market in the world in terms of wind power capacity. India ended 2009 with close to 11 GW of capacity, after the United States (35 GW), China (26 GW), Germany (26 GW) and Spain (19 GW).
Clean Development Mechanism
As with the two other wind farms already installed in India, Acciona plans to incorporate Tuppadahalli into the Clean Development Mechanism (CDM) system envisaged in the Kyoto Protocol.
The CDM is one of the flexibility mechanisms contained in the Protocol in order to reduce emission levels. The aim is that public or private entities carry out projects in developing countries that contribute to their sustainable development and an overall reduction in greenhouse gas emissions.
Developers (private companies or other entities) thereby obtain certified emission reductions (CERs) that can then be used in industrialised countries to comply with emissions reduction commitments.
The trading of CERs on the emission rights market guarantees the economic viability of the projects, thus favouring sustainable development initiatives in countries receiving such investments.
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