Enel Green Power has completed a new wind farm in Romania

30/08/2012 16:00 Renewable


Italian renewables giant Enel Green Power (EGP) has fully grid-connected the new Moldova Noua wind farm in the Banat, Romania. The fully operational plant includes 21 wind turbines with a total installed capacity of 48MW, and will be able to generate some 130 million kilowatt hours, therefore avoiding the emission of over 70 thousand tons of CO2 into the atmosphere.

EGPR obtained 112 million euro in financing from the Danish government’s Export Credit Agency to cover part of the investments required for the Moldova Noua and Corugea wind farms. EGPR currently has wind farms totaling 292MW operating in Romania (including Moldova Noua), and others under construction totaling 206MW. Enel Green Power Romania (EGPR) is a subsidiary of Enel Green Power dedicated to the development and management of power generation from renewable resources in Romania and is now the leading private investor in the electricity sector with about 4,500 employees and a 90,000 km network that serves some 14 million customers.

Daily (02.04.2019): British gas prices near 2009 lows on Wednesday, due to weak demand

02/04/2020 11:30:00

Crude oil prices were bearish on Wednesday, weighed by a steep rise in U.S. crude inventories last week, the biggest weekly rise since 2016, while gasoline demand continued to decline. Consequently, Brent crude for June delivery traded 6.1% lower at $24.74 a barrel. Similarly, WTI futures slid by 0.8% to $20.30 a barrel.


Germany 'closes in' on 2020 renewables goal

02/04/2020 09:49:00

Germany is likely to achieve its binding EU renewable target for 2020, according to the latest figures from the country's federal environment agency.


CO2 may plumb fresh lows this month on virus impact

02/04/2020 09:45:00

The coronavirus pandemic is likely to maintain pressure on carbon prices in April, potentially sending them to fresh two-year lows as the world locks down communities to reverse the pace of infections.