New Wind Energy Project to Generate 76 MW in Romania
A significant step towards renewable energy in Romania has been taken with the approval of a new wind energy project that will have a maximum output of 76 MW. This project is being developed by DELENI WIND ENERGY SRL, a company owned by Shikun and Binui Energy România SRL.
Shikun and Binui Energy is recognized for its expertise in the development, construction, operation, and maintenance of renewable energy assets. The company employs various technologies, including photovoltaic, solar thermal, pumped storage, agrivoltaics, and battery storage, contributing to a diverse energy portfolio.
The authorization for the establishment of this wind farm is valid for a period of 36 months, setting a clear timeline for the project's advancement. Shikun and Binui Energy is not new to the energy landscape, having developed natural gas power plants in Israel, Italy, California, Texas, and now Romania, with a total capacity of approximately 6.2 GW across its global projects.
Last year, Shikun and Binui Energy generated 8.3 TWh of electricity worldwide, showcasing its robust operational capabilities with 3.1 GW installed. The company has been active in Romania since before the 2008 financial crisis and has made significant investments in residential projects, including the construction of City Point, Green Point, and New Point.
Favi Stelian, who oversees the real estate ventures of Shikun Binui in Romania, also leads Nofar Energy, an Israeli company invested in renewable energy within the country. This collaboration highlights the growing focus on sustainable energy solutions in Romania.
In addition to the current wind project, Green Energy Dynamic, a firm controlled by Israeli interests, is in the process of developing a large-scale wind farm with a capacity of 376 MW in Constanța, expected to be completed by the end of 2028. This reinforces the commitment to expanding renewable energy infrastructure in the region.