3Power Energy Group Inc (PSPW)

[future123]

The American renewable energy company, CWP, will build over 500 MW of solar and wind capacity in Albania - goodbye gasification.
Mjedisi.al
MJEDISI.AL
1 OCT 2023 • 2 MIN READ

CWP is a pioneer of renewable energy in Southeast Europe (SEE), successfully developing the largest wind farms in Serbia (156 MW Cibuk project) and Romania (600 MW Fântânele-Cogealac project). In 2018, having been primarily focused on Australia for the previous few years, we anticipated emerging trends and opportunities in the SEE region and resumed full-scale development with the aim of offering a large and diverse portfolio in the period 2022-2025.
In 2021, CWP entered into a joint venture with Mercuria Energy Trading, one of the world's largest independent energy traders with more than $100 billion in revenue. The purpose of the partnership is to complement CWP's portfolio in the region, combining Mercuria's energy trading expertise and financial strength with CWP's deep renewable energy and local experience. This has enabled CWP to meet its already ambitious plans and improve its low-cost green energy offering to corporate customers.
CWP's mission is to accelerate the energy transition in the region by increasing the share of renewable sources in the energy mix, thereby increasing energy independence and reducing greenhouse gas emissions. Bulgaria, Serbia, Romania and Ukraine are the most carbon-intensive energy markets in Europe, with coal still dominating the energy mix. These countries also have some of the most polluted air in Europe and some of the highest rates of premature death caused by air pollution in the developed world. Their decarbonisation is an urgent priority and will require tens of thousands of megawatts of wind and solar power.
Drawing on the experience and innovative business models we have developed and perfected in Australia, combined with our deep understanding of the local energy landscape and our long-standing presence in the SEE, we are ideally positioned to lead the transition of energy towards renewable sources without subsidies. Our commitment to community engagement – ??an approach which creates genuine and long-term positive relationships with all stakeholders, including landowners and local communities – allows us to achieve this by creating successful and impactful projects that deliver value for all parties involved.

https://mjedisi.al/kompania-amerikane-e-energjive-te-rinovueshme/