Renewables

Romania has 1.4 GW of wind farms in the pipeline

romania wind farms investment 1.4 gw

Photo: Alexander Droeger from Pixabay

Published

March 16, 2021

Country

Comments

comments icon

0

Share

Published:

March 16, 2021

Country:

Comments:

comments icon

0

Share

Romania could get another 1.4 GW of wind farms in the next five years. The investments are estimated to as much as EUR 2 billion. Currently, the country has about 3 GW, which covers about 10% of electricity consumption.

Elsewhere in Southeastern Europe, Bulgaria has 700 MW in the pipeline, compared to at least 2.2 GW in Bosnia and Herzegovina and 2 GW in Serbia. Investors in wind farms in Greece applied for producer certificates for 8.7 GW in the December round alone.

Wind projects with an installed capacity of 307 MW have grid connection contracts with Romania’s transmission system operator Transelectrica. The documents guarantee that power plants will be connected to the transmission system when the construction is finished, Ziarul Financiar reported.

Beta Wind plans a project with an installed capacity of 151 MW, and Verbund has another 57 MW in development

Verbund, the largest electricity producer in Austria, has a contract for a 57 MW project in Tulcea, and Romania’s Beta Wind is in the list with a 151 MW project.

In addition to the 307 MW with connection contracts, another 460 MW obtained technical approvals for connection. One of those projects is a 363 MW plant under development by Romania’s Pechea Eolian from Galați.

Pechea Eolian is developing a 363 MW wind farm

According to the media outlet, it would be the second wave of investments in wind energy in Romania. In the period 2009-2014, Romania attracted investments of over EUR 4.5 billion in the sector.

Sebastian Enache, business development manager at Monsson, said that Romania will be the European Union’s wind and photovoltaic hub. Wind and photovoltaic power plants will be installed everywhere, he added and highlighted the Banat area, Satu Mare and Moldova.

Two weeks ago, S.C. West Power Investment Srl announced plans to develop a 700 MW solar park in western Romania, the largest in the country.

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

Electrica green bonds start building two large PV plants

Electrica to issue green bonds, start building two large PV plants

14 November 2024 - Electrica's shareholders voted to raise up to EUR 500 million through green bonds, take a EUR 623 million loan and begin building two solar power plants

Serbia adopts new regulations for second round of RES auctions

Serbia adopts new regulations for second round of RES auctions

14 November 2024 - The Government of Serbia completed the regulatory framework for the second round of auctions for wind and solar power projects

Masdar Albania KESH deal renewables joint venture

Masdar, Albania’s KESH ink deal on renewables joint venture

14 November 2024 - Masdar and state-owned power utility KESH are exploring the development of gigawatt-scale green energy projects in Albania

serbia law on energy changes

Government of Serbia adopts changes to Law on Energy

13 November 2024 - The Government of Serbia adopted the changes to the Law on Energy and sent them to the National Assembly for a vote