Climex auctions 37,764 VERs of Enel, May 14

Italian power generator Enel will sell 37,764 voluntary carbon credits generated from a Chinese wind farm through an auction on the electronic Climex exchange. The credits from the auction, which will take place on 14 May, have been issued and verified by TUV Nord and accredited with the Voluntary Carbon Standard, a minimum non-UN standard for carbon offsets. The sale will take place between 14.00 and 16.30 CET and the minimum price will be €4.50.
The credits come from the 15-MW Rongchend Donschudao wind farm project in north China. The project is a registered clean development mechanism (CDM) project and the credits for avoided CO2 come from power generated from 28 March 2006 through 26 May 2007.