wpd, 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.
wpd, based in Bremen, constructs and operates onshore and offshore wind farms, as well as solar parks, in 28 countries across the world. It has completed wind energy projects with a total capacity of 5,150 MW and has planned projects with a total capacity of 12,300 MW onshore, 13,800 MW offshore, and 1,650 MWp solar energy. In addition to the two offshore projects, the company is constructing wind onshore projects in the country with a total capacity of 1,300 MW.
In December 2021, wpd signed a corporate power purchase agreement (CPPA) with a Taiwanese company for over 1 GW of wind capacity, with over 500 MW expected to come from onshore wind. A direct purchase cooperation agreement has been signed by WPD Dade Energy Group with the said corporate procurer for projects with a capacity of up to 1.2 GW. As per wpd, this is the largest green CPPA in Asia.
REGlobal’s Views: wpd has a strong project pipeline in the offshore wind space with projects coming up across various markets. Thus, the company plans to be an early entrant in the attractive Romanian offshore wind space.