France Approves 10 MW Wind Power Project

[] Snet, ENDESA’s French subsidiary, has been authorized by the French government to build its first wind farm in France. The farm will have installed capacity of approximately 10 MW and is to be located in the region of Picardie, in northern France. Snet will start work immediately on the preliminary task of selecting the kind of wind turbine to be installed, as well as carrying out the construction work necessary to build the farm and connect it to the grid. It is scheduled to come on-stream in the second half of 2006. Snet has requested authorization for another four wind parks in France with total capacity of 45 MW, all within the framework of ENDESA’s Strategic Plan which envisages the installation of 200 MW of wind capacity in France through 2008. The project will entail investment of around Euro 11 million.
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