November 8 (SeeNews) - Germany’s consulting and engineering company Enarcon plans to develop a wind farm project near the southeastern Romanian city of Constanta, a company official said on Friday, but declined to disclose the value of the investment.
“We have already acquired the land, three sites covering a total of 40 hectares. On the first location, we plan to build nine wind turbines each with a 1.5 - megawatt capacity and we will further develop from there,” Enarcon CEO Dan Manare told reporters on the sidelines of the Emerging Europe Energy Summit, organised by IBP Publishing & Conferences.
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“The feasibility study told that it’s a good business. The investment can be covered in a couple of years," he said. Romania has an annual wind power generation potential of 23,000 gigawatts.
Enarcon plans to set up joint venture with a Romanian company to develop the project.
Enarcon (www.enarcon.com) is also present on the Romanian real estate market. It said it plans to build residential unit near the capital Bucharest.