Spain's top utility, Endesa has announced a EUR 2100 million plan to increase its renewables capacity by 19% to meet a target of 19,535 MW by 2009. While the goal will mean renewables will account for 38.5% of the company's estimated total capacity by that time, the bulk of the target, 15,389 MW, will be met by large hydro. Wind power will account for 3903 MW of the new target, 2500 MW of it planned for Spain and Portugal, the rest in Italy and France. The remaining 243 MW is to come from biomass. Some 30% of Endesa's planned investment in growth for the period will go towards meeting its renewables target, it says. The news comes hot on the heels of the central government's publication of a new national renewables plan (page 42) and as the company battles with a takeover bid by Spanish giant Gas Natural.
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