Monsson Group will dismantle the turbines of a wind farm of 27 MW in Constanța County, because of lack of financial feasibility, headlines Mediafax. The conditions encountered in the energy market through the recent legislative approaches have determined that the park should not be put into operation, say representatives of the group’s subsidiary in Romania.

“Following legal regulations adopted by the Government in the past two years and uncertainty in the renewable energy market, Monsson Group decided together with the project partners to dismantle the wind turbines of 27 MW Târguşor CEE energy park (in Constanța county). Unfortunately, the major changes of renewable energy law no longer allows the project to fit the economic parameters originally estimated, becoming unfeasible in financial terms. Thus, it was decided the dismantling of wind turbines”, reads a company release signed by Sebastian Enache, business development manager.

Monsson will keep the infrastructure and the substation of this wind park.

Founded in 1997, Monsson Group is one of the largest developers of wind parks in Romania, with an investment portfolio of over 200 million euros, money earmarked for the construction and operation of wind and photovoltaic farms. Currently, Monsson Group operates in 20 countries on four continents.