The essential conditions for the grid connection of 600 MW of wind power were negotiated with the Romanian grid operator Tanselectrica SA.
In context with our client a total of 1500 MW of wind power is planned. In a first phase, 600 MW will be connected to the grid by the new substation of Tariverde, which is located in the commune of Cogealac in Dobrogea. These extensive negotiations were successfully completed in mid February. This resulted in the signing of the biggest and most extensive grid connection contract for wind energy in Romania. The connection for the total of 600 MW was approved on February 18th, 2011. The contract guarantees Eolica Dobrogea (Schweiz) AG the connection of the wind parks total capacity to the grid. Due to the high grid capacity it is not necessary to expand the grid, which makes power production extremely economically attractive in this region.
We are planning wind energy projects that will lead to 600 MW at the construction stage. The prospective operators schedule is very demanding, permissions for the first 200 MW are supposed to be granted by autumn 2011 in order to be able to start with the construction.
This is to inform interested parties that since April 10, 2013, our company has a new distri-bution of its Shareholdersmore
The four wind energy projects at Mihai Viteazu, Romania, which the Swiss company NEK Umwelttechnik AG developed for us during the past years and which we sold to Iberdrola Renovables, S.A., are now fully operational.more