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Wind power receives boost in investment project to cost over zl. 50 mln

Warsaw-based Deniz Investment Company plans to construct 100 one-megawatt windmills over the next 5 years. So far, the company has invested zl. 4 million in the purchase and lease of land around the Vistula estuary area (Zulawy) and on the Baltic Sea coast (Leba). The prototype of the first windmill is to be ready by spring 2002. The total cost of the whole enterprise will exceed $50 million. "We are now in talks with energy distributors interested in buying our product. We are also waiting for a license. So far, the area we have allows us to build 30-40 windmills", said Arkadiusz Mazur, on the board of directors. The firm is eyeing up the land owned by the Treasury Agriculture Agency (ARR) and Military Property Agency (AMW). The total energy produced in Poland by windmills is currently 9-10 megawatts. By 2010, 7% of the country's energy will come from unconventional power plants. (Puls Biznesu, p.10) J.K.

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