The project requires a more than EUR200 million investment and is due to be commissioned in 2025. This approval obtained by EDPR is very important because it is a signal for the whole market, the presence of strong investors being a validation of the potential the sector has.
In fact, EDPR is currently the third most powerful investor in green energy in Romania, with a portfolio of 521 MW, solar parks and wind farms, developed after investments of EUR750 million, according to EDPR representatives.
Earlier this year, a delegation from EDPR met with Prime Minister Nicolae Ciuca, and the group announced that it was ready to invest in additional energy production of up to 1,000 MW, which would entail investments of more than EUR1 billion.
On the other hand, however, even though the approval part went ahead, the group said the investments depend on local regulations.
(English version by Loredana Fratila-Cristescu)