Two Romanian businessmen have obtained a permit from national transmission system operator Transelectrica to build a 393 MW wind farm in Constanta County in eastern Romania.
The proposed 393 MW wind farm, which is expected to be put in operation in 2025, will be located in the village of Pestera, close to a 90 MW wind farm owned by Portugal-based EDP Renováveis (EDPR), according to reports by local media.
The firm developing the project, Radramo Power, was founded last August, and is co-owned by businessmen Radu Rusei, who holds a 45% stake, and Marius Felician Gherasim, with 40%.
Germany’s Max Boegl is set to resume 99 MW wind farm project in eastern Romania
In related news, Germany’s Max Boegl International and its Romanian partners are set to resume a 99 MW wind farm project in Tulcea County, also in eastern Romania, an investment valued at EUR 150 million.
The project was put on hold in 2014, when the Romanian government slashed the support scheme for green energy, according to the reports.
Enel Green Power and Monsson Alma plan to build 500 MW of wind capacities in Romania
Earlier this year, local media reported that renewable energy company Enel Green Power, part of the Enel Group, and Monsson Alma, a subsidiary of Monsson Group, signed an agreement on the development of 500 MW of wind power and 500 MW of solar projects in Romania, as well as energy storage capacities.
Romania expects at least 6 GW of wind and solar projects over 10 years
According to earlier reports, Romania could get a total of 1.4 GW of wind farms in the next five years, in investments estimated at EUR 2 billion. Currently, the country has about 3 GW of wind power capacity, covering about 10% of its electricity consumption.
Transelectrica had already signed grid connection contracts for new wind projects totaling 307 MW, Ziarul Financiar reported last month.
According to the most recent report by Ziarul Financiar, Romania expects to develop a total of at least 6 GW of wind and solar projects over the next 10 years. Nearly 5 GW of these projects, valued at some EUR 6 billion, have already been drawn up, making a second boom in green energy investment a certainty, according to the report.