DONG Energy invest in Polish wind farm
Skærbæk, Denmark-based DONG Energy’s supervisory board decided on Tuesday to build a 443 million Danish krone ($92.3 million) wind farm in Karnice, Poland.
Karnice I will have a net installed capacity of 30MW and is expected to become operational in late 2009. The new wind farm represents an expected investment of 443 million krone. “Poland is an interesting market offering attractive settlement terms, and we are pleased to initiate the construction of our second wind farm in the country.
The project is an important step in our strategy for expansion in renewable sources of energy,” said DONG Energy CEO Anders Eldrup. Karnice I, which was given final regulatory approval in the spring of 2008, will be located in the municipality of Karnice in north-eastern Poland. DONG Energy is already the operator of nearby Lake Ostrowo, a 31MW wind farm, which became operational in 2007.
In addition to Karnice I, DONG Energy’s current projects include the Storrun onshore wind farm in Sweden (30MW), the Horns Rev II offshore wind farm in Denmark (209MW) as well as the Gunfleet Sands I and II (108MW and 65MW) and the Walney (151MW) offshore wind farms in the UK. (press release)
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Varga Meets With Chinese Business Leaders
AutoWallis May Increase Planned Sales Due to Strong Performa...
Nearly 60% of Rural Guests Night in Spa Towns
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
