CWP goes ahead with half the planned capacity

Continental Wind Partners (CWP), developer of wind farms, which, last year finalised the sale of two 600-MW projects in Dobrogea (SE Romania) to Czech energy group CEZ, says it has decided to go ahead with only 570 MW of the planned 1,000-MW projects announced for the Romanian market. “Initially, we announced plans to develop 1,000-MW wind power projects, apart from the two projects we have already sold to CEZ, but, for the time being, we have decided to go ahead only with the best 570-MW projects, in Moldova and Dobrogea,” says Adam de Sola Pool, Chief Executive of CWP. The transaction by which CWP sold its two projects to CEZ amounted to over 300 million euros, according to a financial report released by the Czech group.
“There are several reasons for our decision to drop some of these projects. For instance, in some projects in Moldova, the road wouldn’t allow us to transport the huge, 50 metres-long wind turbine blades. Also in Moldova, we had some projects located in a risky area from a seismic point of view,” explains Adam de Sola Pool, adding that he believes the 570-MW projects will be fully authorised next year, both by the Romanian Energy Regulatory Authority and by Transelectrica (Romanian grid company).