The 58 million-euro ($79 million) facility, financed by Chennai-based Infrastructure Development Finance Co., brings Acciona’s total wind-generating capacity in India to 86 megawatts, Acciona said in an e-mailed press release.
The power from 34 1.65-megawatt turbines will be sold to state-owned utility Mangalore Electricity Supply Co.
Acciona’s portfolio of projects in India has a load factor of 37 percent compared with an average of 21 percent for wind parks in the country, the company said, citing data from Bloomberg New Energy Finance. All the plants are part of the United Nations’ Clean Development Mechanism that issues carbon- emission permits to projects in the developing world that reduce greenhouse-gas emissions.
To contact the editor responsible for this story: Ben Sills at email@example.com