Enel Green Power, Monsson Alma to develop 1 GW of solar, wind in Romania
The two companies target 500 MW of wind power and 500 MW of solar, and the construction of storage with an installed capacity of 300 MW.
Romania has 1.4 GW of wind farms in the pipeline
This is yet another country in SEE with major development in the wind energy sector, after Greece, Bulgaria, BiH, Serbia.
Italy’s PLC to acquire 51% of Romania’s Monsson Operation
Italian clean energy group PLC and Romanian renewable energy company Monsson Operation have entered into a strategic partnership, in what will result in PLC becoming the owner of a 51% stake in Monsson Operation by the end of November, the Romanian company has announced. Monsson Operation signed the first part of the M&A procedure, strengthening […]
OMV Petrom selling wind farm in Dobruja?
OMV Petrom SA plans to sell the 45 MW wind power plant it holds in Dobruja, as part of a larger plan to optimize business following the global drops in oil price, Mediafax reported. The report, published by Business Review magazine, adds the facility was built in 2011 from an investment of EUR 90 million. […]
Monsson Group dismantling wind park in Constanța
Local legislation has rendered a wind power plant in Targuşor, Constanța county, unfeasible, according to its operator Monsson Group, controlled by businessman Emanuel Muntmark, Ziarul Financiar’s portal said. The company and its project partners decided to remove turbines from the 27 MW project due to market uncertainty, Romania Insider reported. “Unfortunately, major changes in renewables […]
Monsson operates in 20 countries on four continents
Projects of over 2.4 GW, out of which over 1 GW have been already built and operational, have been developed under Monsson Group in Romania. The company said it expanded its operations in 20 markets in the past two years and reached 500 employees on four continents. In a press release, the company added it […]