ENDESA to Build Spain's Biggest Solar Energy Plant in Cadiz

  
    
  
  
    
      ENDESA (NYSE:ELE) announced on Tuesday that Endesa Generation has 
      received a municipal permit to build a 20.1MW photovoltaic solar energy 
      plant on land located in Guadarranque industrial park in San Roque 
      (Cadiz).
    
    
      The first stage of the plant will have 12.3MW of installed power 
      covering 37 hectares. Endesa Generation will start work in July.
    
    
      Once both stages are completed, the plant will have production capacity 
      of 36GWh per year – the power required to 
      supply a town such as Torremolinos. It will save 13,300 tonnes of CO2 
      emissions a year. Additionally, production at the plant will increase 
      during the summer months due to the higher number of daylight hours 
      helping to meet the significant rise in demand in Andalusia in the 
      summer.
    
    
      Energy will be transmitted via a line which will also be built soon. The 
      site is situated near an industrial park in expansion, so power 
      evacuation is not a problem for existing electricity grids.
    
    
      To date, ENDESA Generation has completed all engineering work required 
      for the plant construction. The equipment supplier (current reversers 
      and transformers) is currently being selected from a list of major 
      domestic and international suppliers. ENDESA’s 
      cogeneration and renewables division (ECyR) will be responsible for 
      running the plant.
    
    
      The decision to build a plant using this type of technology responds to 
      environmental criteria as these facilities produce no greenhouse gases 
      whatsoever. Also, selecting the plant’s site 
      obeyed a series of climatological and economic criteria. The location is 
      ideal not only because of the amount of solar radiation it receives but 
      also because photovoltaic cells work better near the coast, where 
      average summer temperatures are cooler.
    
    
      The plant has been designed to follow solar radiation – 
      the most straightforward configuration, requiring moderate maintenance 
      and which allows the Group to make the best use of the available land.
    
    
      The project is part of ENDESA’s strategic plan 
      for development of clean energies, which proposes 100MW of new solar 
      energy plant in the next five years. The project reinforces ENDESA's 
      firm commitment to photovoltaic solar energy already found in other 
      installations that Endesa is executing in its thermal power plants 
      throughout the Spanish mainland and islands.
    
    
      This new plant will improve ENDESA’s 
      generation mix in Spain, and confirm its commitment to renewable 
      energies, particularly photovoltaic solar energy, as an alternative 
      source of power production with the aim of reducing greenhouse gas 
      emissions from electricity generation. ENDESA is firmly committed to 
      research and development in efficient and environment friendly new 
      technologies for electricity production.
    
    
      * This document may contain certain forward-looking statements regarding 
      anticipated financial and operating results and statistics that are 
      subject to risks and uncertainties as well as to material risks, changes 
      and other factors which may be difficult to predict, including, without 
      limitation, those factors described in the Documento de Registro de 
      Acciones of Endesa filed within the Comisión 
      Nacional del Mercado de Valores and in the Form 20-F of Endesa filed 
      within the Securities and Exchange Commission, both for the fiscal year 
      ended December 31, 2006. For all of these forward-looking statements, we 
      claim the protection of the safe harbour for forward-looking statements 
      contained in the Private Securities Litigation Reform Act of 1995.