Italian renewable energy holding Alerion Clean Power announced that it has signed an agreement with Monsson Alma for the development of three new wind projects in Romania with a total capacity of some 350 MW. “The authorization process for the plants under development is expected to be completed by the end of 2022,” Alerion Clean Power said in a press release.
The agreement will allow Alerion to accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government, the company said. Alerion Clean Power SpA is primarily engaged in the utility industry involved in electricity production from renewable sources.
The announcement comes a month after Enel Green Power and Monsson Alma have agreed to build 1,000MW of wind, solar generation in Romania. The projects will be ready for construction in the next three years. They will consist of 500 MW in wind power plants and 500 MW in solar parks, said Sebastian Enache, business development manager at Monsson Group, Ziarul Financiar reported. The agreement also envisages the development of more than 300 MW in batteries.
Romania currently has wind farms with an installed capacity of 3 GW and 1.4 GW in solar power plants. According to a recent update, the country could get another 1.4 GW in wind farms in the next five years.
Monsson has focused on renewable energy and water since 2004, and currently has 7000 MW projects in the pipeline in the U.S., South Africa, Saudi Arabia, Pakistan, New Zeeland, France, Romania, Hungary, Poland, Germany, Italy, the U.K., Ireland and Sweden.