New Wave of Wind Farms: CEZ and Enel to Start Over EUR700M Worth of Plants

05.04.2011 ZF English

Czech-held CEZ and Italian-held Enel, two of the largest European energy groups present in Romania, say they will start work on wind power projects worth over EUR700 million, with the two companies in fact being among the most aggressive players in green energy investments on the local market.

Their motivation is simple: green energy will pay very well through the support schemes granted by the Romanian state.

"Enel Green Power started construction works on a wind farm with a 70-MW installed capacity located in Corugea village (Tulcea county)," said representatives of the renewable energy division of the Italian group.

Company representatives also say they will start work on a wind farm, Salbatica II, also located in Tulcea county, whose capacity is set to be 70 MW.

Czech-held CEZ says it is ready to start works on the second stage of the EUR1.1 billion wind farm they are building in two Dobrogea communes, Fantanele and Cogealac.

While works went rather well at the Fantanele farm, with 300 MW of the 347.5 MW planned for this stage being installed, at Cogealac things have dragged on for over a year amid several conflicts with local authorities.