Who exits and who's still betting on hottest field, wind energy

Autor: Roxana Petrescu 18.01.2011

Germany's RWE is withdrawing from a wind project worth above 250m euros, with the group saying things have not gone as planned. Still, RWE states it is still looking for good wind power projects. Meanwhile, Spain's Iberdrola will start green energy production in 2011 in an 80 MW wind farm, and businessman Emanuel Muntmark launches another 1,000 MW on the market.
2011 seems to be even busier than 2010 in terms of investments in wind projects.
"At the end of last year, 457 MW were installed in wind farms, meaning a capacity leap of 32 times from what was installed in 2009," says Dana Duică, executive director with the Romanian Association for Wind Energy.
Thus, last year investments in the field amounted to around 820m euros, with CEZ 's project of Fântânele commune of Dobrogea as the most important.
Though estimates for this year on the new installed capacity go beyond the 1,000 MW threshold, the first bad news from the part of large investors is emerging.
The Germans at RWE could also be the second investor leaving the 4 billion-euro project to build reactors 3 and 4 of the Cernavodă nuclear plant after CEZ threw in the towel.