London, UK [RenewableEnergyWorld.com] Continental Wind Partners LLC, a subsidiary of Good Energies, and CEZ Group concluded the sale of CWP’s Fantanele and Cogealac wind farms in Romania to CEZ. The two projects will together be the largest onshore wind farm in Europe, with a total capacity of 600 megawatts (MW), approximately double the size of the next largest fully permitted onshore wind farm in Europe, and approximately triple the size of the largest current operational wind farm in Europe.
The total investment of the CEZ Group into the project will reach €1.1 billion [US $1.5 billion]. Construction on the projectts will start in September and the turbines will be erected from April 2009 to June 2010, becoming operational in stages as they are installed. By the end of 2009, 345 megawatts will be producing power, with the remaining turbines being commissioned the following year.
The project will become operational in stages. The first stage of 347.5 MW will comprise 139 GE 2.5xl turbines with a 100-meter hub height and 99-meter rotor diameters and a 2.5-MW capacity and will be operational by end of 2009. The second stage of 252.5 MW will be operational by end 2010.
“CWP has been very excited about the potential of the Romanian market since it began development here more than two years ago, and we are very pleased to have found a partner in CEZ which shares our enthusiasm and excitement about this extraordinary project and this extraordinary country – nothing could give the management and shareholders of CWP more pleasure than seeing this ground-breaking project be completed and seeing it transform the Romanian market for renewable energy,” said Mark Crandall, chairman and founder of CWP.