“Presently, the project has an installed capacity of 387.5 MW, while the reminder turbines will be up and running by year-end,” said Ion Lungu, general manager of CEZ Trade.
Speaking at an energy seminar organized by Mediafax, Lungu said the Czech group plans to develop new energy projects with a total capacity of 3,000 MW in Romania, Poland and Germany in the short run.
“The investment is under development and the group has already selected several projects in Romania,” Lungu said. “However, it is too early in the process to give any names,” he added.
CEZ’s project in Fantanele and Cogealac localities, southern Romania, will include 240 wind turbines with a nominal unit capacity of 2.5 MW. Total costs are estimated at around EUR1.1 billion. When completed, the project will be Europe’s largest onshore wind farm.
CEZ runs several companies in Romania, namely CEZ Romania SA, CEZ Vanzare SA, CEZ Trade SRL, MW Team Invest, Ovidiu Development, TMK Hydroenergy Power and Tomis Team.
The Czech group reported total sales in Romania of EUR383 million in 2011, down 5% on the year.
CEZ invested EUR196 million in wind projects in Romania in 2011 and another EUR56 million in the local distribution network.
Renewable energy production in Romania reached 0.6 TWh in 2011, up 151% on the year. For 2012, output is estimated to rise 70% to 1.1 TWh.