03/28/2012STEAG to install wind farm in Romania

Essen. STEAG’s decision to build a 108 MW wind farm signals a broadening of the company’s international commitment to wind energy as an industry of the future.

The decision to invest around 200 million euros in this enterprise represents the official green light for the project, and construction is scheduled to begin in mid-2012. “The fact that STEAG has been active in Romania for ten years as an expert engineering service provider and project developer and has wideranging international experience of major projects was a key factor in the project development”, explains Joachim Rumstadt, chairman of the STEAG GmbH Board of Management. The Crucea Nord project, situated in Dobrogea some 50km north of the port of Constanta, will form part of a prospective wind farm complex with a total capacity of 600 MW. On an area of hitherto predominantly agricultural land STEAG will be constructing the Crucea Nord wind farm, which will have a total of 36 wind turbines each generating three MWel. As its contribution to the EU-wide limitation of CO2 emissions, Romania is committed to binding targets for the use of renewable energy. These targets, laid down in the EU Renewables Directive, require Romania to produce 38% of its electricity from renewable energy sources by 2020. To achieve these targets Romania is chiefly focusing on the expansion of its wind energy sector.