Cofra to invest euro 1.1 bln. in aeolian plants

The plants are to be built in the Southern region of Dobrodgea and the Eastern region of Moldavia.
“Our only and great demand is that the Romanian state guarantees to maintain the green certificate system for at least 20 years,” Radu said. 

Through an intermediary, Continental Wind Partners, Cofra started wind measurements in Romania three years ago. “Romania is the second-best country in Europe for aeolian power production, after Germany,” added Radu. Cofra has already taken official steps for building the pant in Dobrogea. Radu criticized excessive bureaucracy, saying too many authorizations and documents are needed to produce renewable energy. 

Cofra made the investment announcement during a press conference yesterday. General Electric (GE) Country Executive for Romania, Bulgaria and the Republic of Moldova, Carmen Neagu, also attended the conference. She said GE is not yet interested in investments in domestic energy production from regenerative resources, only in equipment sales. Energy producers Rokura group and ENEL have requested aeolian power plants destined for Romania, according to Neagu.

Romanian authorities have ambitious plans regarding the production of green energy, which should represent 33 percent of the national consumption (17 percent of which should be produced by aeolian plants).

Large domestic and international companies, such as Electrica, ENEL, Gaz de France, E.ON, and CEZ announced their intentions to allocate funds for building aeolian power plants in Romania.