The wind park with a total installed capacity of 12.8 MW was built as a turnkey project in southwest Germany. CEZ acquired the project, including a 20-year feed-in tariff subsidization contract, from AREAM, a German Investment and Asset Manager.
INVEN CAPITAL, daughter-company of CEZ Group, invests in Sonnenbatterie, the German-based global leader in energy storage systems
INVEN CAPITAL, a company founded by the CEZ Group to invest in innovative energy solutions, has invested in Sonnenbatterie, a German company specialized in developing, manufacturing and selling battery based intelligent energy storage systems. Based in Bavaria, the company has developed a unique and reliable solution and has become a global leader in technologies for storing energy from solar panels and other renewable sources of energy for households and commercial clients. INVEN CAPITAL participated in a capital increase and joined Sonnenbatterie alongside with SET Ventures, Munich Venture Partners and eCAPITAL as a financial investor.
The last one of 240 wind turbines in the Fantanele-Cogealac wind park in Romania has been connected to the grid today. The total installed capacity is now 600 MW, and the largest continental wind park in Europe can thus supply power to over one million Romanian households every year.
CEZ Romania SA, member of the CEZ Group, finalized the acquisition of the hydroenergy system in Caras Severin County near Resita. CEZ Romania SA bought 100% stake in TMK Hydroenergy Power SRL.
Fantanele, Romania – Yesterday (1st June) at 5:25 pm. of the local time, the first of a total of 240 wind turbines was commissioned in the project of the largest European wind farm Fantanele – Cogealac which is under construction by the CEZ Energy Company in the Romanian province Dobrogea.
Prague, August 27, 2008 – Yesterday evening, CEZ Group, the leading CE power utility, and Continental Wind Partners LLC, a major renewable power developer, concluded the sale of CWP’s adjacent Fantanele and Cogealac wind farms in Romania to CEZ. The two projects will together be the largest onshore wind farm in Europe, with a total capacity of 600 megawatts, approximately double the size of the next largest fully permitted onshore wind farm in Europe, and triple the size of the largest current operational wind farm in Europe. The total investment of the CEZ Group into the project will reach € 1.1 billion.
Beijing, China, August 17, 2008 – Chairman of the Board of Directorst and CEO of CEZ Martin Roman and Guo Zhenjun, General Manager of Hunan Liang Renewable Energy Power Co, have today, in the Czech Olympic House, signed an agreement about a purchase of emission reductions from a prepared biomass power plant project
The ČEZ Group is proposing that the Czech Republic utilise part of its emission credits, assigned according to the Kyoto Protocol, to design and build a CO2 capture and disposal storage unit into geological structures (CCS – Carbon Capture and Storage technology). One such suitable locality might be the Ledvice power plant in Northern Bohemia