WPD offshore, a German company, has announced plans to build two wind energy projects in the Romanian sector of the Black Sea with a combined capacity of 1.9 GW. Two separate project firms have already been formed to plan and build two wind farms off Romania’s Black Sea coast: the 500 MW Black Sea 1 and the 1.4 GW Black Sea 2.
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REGlobal presents an extract from the Global Summary Power & Renewables by Fitch Solutions which highlights the offshore wind potential of the Black Sea, challenges in expanding South Africa’s power capacity, improving growth prospects for solar power in Malaysia and continued momentum in Chile’s renewables sector.
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While the North Sea offers the best prospects by far, there is significant potential in other waters, including the Baltic Sea, the southern European waters and the Black Sea.
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