Renewables

Enel Green Power, Monsson Alma to develop 1 GW of solar, wind in Romania

Enel Monsoon to develop 1 GW of solar wind in Romania corugea

Corugea wind farm in Romania operated by Enel Green Power(photo: Enel)

Published

April 2, 2021

Country

Comments

0

Share

Published:

April 2, 2021

Country:

Comments:

0

Share

Renewable energy company Enel Green Power, part of the Enel Group, and Monsson Alma, a subsidiary of Monsson Group, have signed an agreement on the development of 500 MW of wind power and 500 MW of solar projects in Romania.

Enel Green Power and Monsson Alma have also agreed to develop storage capacities. According to local media, the deal was signed at the beginning of the year.

The projects will be ready for construction in the next three years. They will consist of 500 MW in wind power plants and 500 MW in solar parks, said Sebastian Enache, business development manager at Monsson Group, Ziarul Financiar reported.

The agreement also envisages the development of more than 300 MW in batteries.

Romania currently has wind farms with an installed capacity of 3 GW, and 1.4 GW in solar power plants. According to a recent update, the country could get another 1.4 GW in wind farms in the next five years.

Romania’s authorities need to clarify the status of energy contracts, and issues regarding land used for construction of renewables projects

Monsson said it would be very important for future projects in Romania to clarify the status of energy contracts such as power purchase agreements and legislation on land use with regard to construction of power plants.

Monsson Group, controlled by Swedish businessman Emanuel Muntmark, has developed solar and wind energy projects with an installed capacity of 2 GW. They include the 600 MW Fântânele-Cogealac system, the largest onshore wind farm in the European Union. It plans to develop and build another 2.5 GW over the next 10 years.

Enel Green Power operates 47 GW in green energy capacity, out of which 22.6 GW in Europe. It includes 534 MW in Romania: 498 MW in wind power, and the rest in solar power plants. Enel also distributes power and gas in Romania.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Romania renewables statistically attributed Netherlands

Romania’s renewables can statistically be attributed to Netherlands

28 June 2022 - The EU enables countries to pay other member states to formally make up for shortfalls in achieving own green energy targets

offshore-wind-installation-vessels

EU faces challenges in delivering on ambitious offshore wind target

28 June 2022 - The ambitious target could prove challenging due to expected shortages of specialized offshore wind installation vessels

EU energy ministers targets renewables energy efficiency

EU energy ministers aiming at more ambitious renewables, energy efficiency targets

28 June 2022 - The Council of the EU wants to boost the renewables and energy savings targets via the Fit-for-55 package, which depends on upcoming talks

EU Alliance for Zero Emission Aviationhydrogen electrification

EU’s Alliance for Zero Emission Aviation to work on hydrogen, electrification

27 June 2022 - The EU said the Alliance for Zero Emission Aviation would accelerate the development of electric and hydrogen-powered aircraft