Iberdrola SA won the bid to build the world’s largest onshore wind energy project in Romania with a capacity of 1,500 MW and requiring an investment of at least $2 billion. Work on the first 600 MW of capacity is scheduled to start this year and is due to finish in 2016-2017. Iberdrola also undertook a separate project of 80 MW, which is expected to complete by mid-2011.
Iberdrola SA will next year start building the first 600 MW of capacity for the world’s largest onshore wind park in Romania. Construction of the planned park will start “sometime next year” and is expected to be finalised in 2016-2017. Iberdrola also plans to build a separate 80-MW wind-farm, starting “this autumn or in the spring” and delivered by mid-2011. The Spanish utility said it acquired rights from the Romanian government to build the largest onshore wind energy project with 1,500 MW of capacity.