BUCHAREST, June 5 (Xinhua) -- Romania's National Energy Regulatory Authority (ANRE) has approved the development of one of the country's largest wind farms, the Ialomita Nord project, with a total capacity exceeding 246 megawatts.

The announcement was made Thursday by Energy Minister Sebastian Burduja.

The project is being developed by Portuguese energy company Greenvolt through its local subsidiary and will benefit from Romania's Contracts for Difference (CfD) scheme, which guarantees a fixed electricity sale price for 15 years.

"This guarantees financing and brings jobs, local tax revenue, and clean, affordable energy produced in Romania," Burduja said in a Facebook post, adding that the initiative could drive economic growth in the Ialomita region.

Romania currently has about 3,100 MW of installed wind capacity.

Launched in 2024, the CfD scheme supports a wide range of low-carbon technologies, including onshore and offshore wind, solar PV, hydro, nuclear, hydrogen, and energy storage. ■