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CEZ Reduces Romanian Wind Capacity Plan on Incentives, Temelin


CEZ AS (CEZ) reduced its plan to build new wind farms in Romania by two thirds, citing uncertainty over the country’s renewables incentive scheme and higher funding needs for projects in the Czech Republic. The Prague-based power producer plans to build as much as 300 megawatts of wind farms by 2016 in Romania, compared with a previous plan of about 1,000 megawatts, Jan Veskrna, who heads CEZ’s local unit, said in an interview in Bucharest.

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