BUSINESS IN SHORT

Wind farm project heads to eastern Slovakia

KOŠICE-based energy company Ventureal plans to construct a Sk2.4-billion wind farm near the village of Čečejovce, in eastern Slovakia. Vladimír Demjan of Ventureal unveiled the plan on April 1, the SITA newswire wrote.

KOŠICE-based energy company Ventureal plans to construct a Sk2.4-billion wind farm near the village of Čečejovce, in eastern Slovakia. Vladimír Demjan of Ventureal unveiled the plan on April 1, the SITA newswire wrote.

The wind farm will comprise 23 wind turbines, with an output of between 46 and 63 megawatts (MW) depending on the type of turbines, and generate between 96 and 114 gigawatt hours of electricity annually.

Ventureal will begin construction in March 2009, with a goal of completing the farm by September 2009 and putting the turbines into operation in November 2009. It estimates the lifespan of the wind farm at 25 years.

Ventureal, which was established in the Czech Republic in 2001 and later joined Austrian power concern Bawag, is involved in planning, building and operating facilities that generate energy from renewable sources, with a focus on wind energy. It operates eleven wind power facilities in Austria and the Czech Republic.

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