Romania Windfall For GE Turbine Business

Romania is aiming to have nearly a quarter of its energy produced from renewable sources by the end of the decade, and with various incentive programs is making it attractive for companies to develop projects. GE is seizing on the opportunity, announcing a deal to sell 14 wind turbines to local developer Monsson Alma for two new projects.

GE said it would sell 10 2.5-megawatt (MW) turbines and 10 years of maintenance for the Silistea 1 project, and four 2.5-MW machines and five years of maintenance for the Mireasa 2 project. Combined, the two projects will add 35 MWs of wind-power capacity to the Romanian grid.

2.5-megawatt wind turbine, GE, Romania

image via GE

And it sounds like we might be hearing about more turbine deals in Romania.

“Through its progressive legislation, the government is creating one of Europe’s friendliest environments for renewable energy developers and is encouraging future investments in the wind sector,” Andrei Muntmark, commercial director of Monsson Invest Group, said in the GE announcement.

According to GE, both the Silistea and Mireasa wind power projects are about 12 miles from the Fantanele Wind Farm. GE is supplying a whopping 139 2.5­-MW turbines for that massive project,as well as another 101 for an adjacent one. Monsson Alma was the original developer of the Fantanele project, which has been acquired by CEZ Romania, a leading regional utility.

Pete Danko is a writer and editor based in Portland, Oregon. His work has appeared in Breaking Energy, National Geographic's Energy Blog, The New York Times, San Francisco Chronicle and elsewhere.

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