Iberdrola, an electric utility and wind power developer headquartered in Spain, has received approval from the Spanish Designated National Authority regarding climate change, which reports to the Ministry of the Environment, for the La Ventosa wind farm in Mexico.
According to the company, the project was approved as a clean development mechanism (CDM), one of the flexibility elements included in the Kyoto Protocol. The wind farm, located in the state of Oaxaca, will have a capacity of 102 MW of installed power.
The La Ventosa project, which also received a letter of approval from the Mexican Designated National Authority, is in the validation phase, which is expected to conclude at the end of December. It will be registered with the executive board of the CDM, an entity that reports to the United Nations Framework Convention on Climate Change, at the end of February 2007.