May 5 (SeeNews) - Italian renewable energy holding Alerion Clean Power said on Wednesday 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.
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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 utilities industry involved in electricity production from renewable sources.
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.