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10 November 2005 - Endesa has signed an agreement with China's largest utility to purchase Emission Reduction Certificates (ERCs) from three wind farms located in the province of Guangdong.

Owned by a subsidiary of China Huaneng Group, the farms have a joint capacity of 195 MW and will start operating in 2006 and 2007. They will generate 2.6 million tonnes of ERCs through to 2012.

Endesa recently purchased 15 million tonnes of CO₂ emissions rights through to 2012 via the mechanisms provided for it in the Joint Application Clean Development Mechanisms in the Kyoto Treaty.

The newly acquired emissions reductions will help Endesa to meet its CO₂ emission commitments for its operations in Europe.

China is believed to have the greatest potential for developing Clean Development Mechanism projects. The China Huaneng Group chose Endesa as the purchaser of the ERCs as it envisaged the two companies entering into future technological agreements.

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