Enel and MONSSON Commit to the Development of 1,000 MW in RES Projects in Romania

02 April 2021

In early 2021 Enel Green Power Romania signed a Joint Development Agreement for a portfolio of projects exceeding 1000 MW with Monsson Alma, the member of Monsson Group, with business in development and construction of renewable power plants, leading renewable energy developer in Romania and South-Eastern Europe.

The projects will be ready to build in the course of the next three years and are expected to cover more than 500 MW of wind power plants and more than 500 MW of solar PV. In addition to the wind and photovoltaic plants, the Joint Development Agreement foresees also the development of more than 300 MW of Battery Energy Storage Systems (BESS), a technology that is expected to contribute to the transition of the Country toward a more sustainable energy mix.

“We are proud to start our collaboration with a major partner such as Enel Green Power, a leading investor in Romania’s energy sector and the World leader in Renewable energies,” says Sebastian Enache, Business Development Manager of Monsson Group. “Together we will work to modernize the country’s energy generation sector by harnessing Romania’s huge renewable energy potential, fostering economic growth and supporting a sustainable future.”

Romania, as the majority of the European countries, aims to increasing its energy production capacity, mainly from renewable energy sources. Therefore, the next years are of great importance in clarifying the status of PPAs and legislation related to land use for construction of power plants. Monsson aims to develop and build more than 2500 MW both of wind and solar PV power plants in the next 10 years.

 

Source: MONSSON Romania

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