Europe: TTF gas prices...

In the first week of November 2025, TTF natural gas futures traded within...

Region: Electricity prices in...

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply...

Montenegro to open first...

The Montenegrin Ministry of Energy announced that it will open bids for the...

Montenegro: Average household electricity...

The average household electricity bill in Montenegro for October 2025 amounted to 32.21...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Eurowind Energy...

Romania: Eurowind Energy begins turbine installation at 48 MW Pecineaga wind farm

Danish renewables developer Eurowind Energy has installed the first wind turbine at its Pecineaga wind farm in Constanta County, marking a significant step in the development of the 48 MW project, which is set to be fully operational by 2025. This initial turbine is one of eight Siemens Gamesa SG 6.6-170 turbines planned for the site, representing the largest wind turbine model currently in Romania. With a rotor diameter of 170 meters and a capacity of 6.6 MW, this turbine incorporates cutting-edge wind energy technology, designed to perform optimally even in low-wind conditions, thereby maximizing energy output.

Once completed, the Pecineaga wind farm will provide green energy to approximately 48,000 households, producing around 176,000 MWh of electricity annually. The project aligns with Eurowind Energy’s commitment to renewable energy development and its contribution to the transition to a low-carbon economy.

Before installing the first turbine, Eurowind Energy completed all eight turbine foundations, constructed access roads, and implemented a medium-voltage system to ensure efficient energy transport. Currently, work is underway on the connection line that will link the wind farm to the national electricity grid through a transformer station.

In April, Eurowind Energy secured a 65.33 million euros credit facility to fund the construction of the Pecineaga wind farm, which will have a total installed capacity of 48 MW. Banca Comerciala Romana (BCR) and Erste Group Bank are jointly financing the investment loan, with each contributing 32.66 million euros. The credit facility matures by the end of 2040 and covers 70% of the total development costs of the Pecineaga wind farm. Additionally, the two banks are providing Eurowind Energy with a package worth 18 million euros, including a VAT facility and other financial products to support the Pecineaga project.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable as ExxonMobil and partners sign exploration deal for Greece’s Block 2

In the first week of November 2025, TTF natural gas futures traded within a narrow range between €31.20 and €32.55 per MWh, showing limited volatility and remaining close to late-October levels. This stability reflected a short-term balance between supply...

Region: Electricity prices in SEE surge in Week 45 amid higher demand and lower renewable output

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply compared to the previous week, driven by stronger demand and lower renewable generation. Except for Türkiye, Croatia, and Italy, all SEE markets recorded weekly average prices...

Montenegro to open first renewable energy auction for 250 MW of solar capacity

The Montenegrin Ministry of Energy announced that it will open bids for the country’s first renewable energy auction on 12 November, marking a major step forward in the nation’s clean energy transition. Launched in July with support from the European...
Supported byVirtu Energy
error: Content is protected !!