wind power

CEZ reported a net profit higher by RON181.66 million in 2016 compared with 2015, due to its wind energy output, the company said in a statement Tuesday.

Romanian hydropower generator Hidroelectrica could invest some EUR18 million in the next years to set up wind turbines on its hydropower plants along the river Siret, company operational director Dragos Zachia said Thursday.

Romanian businessman Dorin Umbrarescu has bought or leased a land surface of about 4,000 hectares near Adjud city, in central Romania county Vrancea, as part of his plan to install several wind power turbines.

Romanian businessman Jean Valvis said Monday he plans to invest several million euros, jointly with a foreign partner, in wind and photovoltaic power in Romania.

The Romanian Association of Wind Power Producers urges amendments to the regulations authorizing the construction of wind-power plants, given the increase in the number of investors expressing interest in the field, but who are discouraged by the regulations imposed by the country’s Civil Aeronautic Authority (AACR).