SOLAR POWER
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Transelectrica Manages Nearly EUR51.7M In EU Funding For Three Solar Power And Grid Upgrades Projects
Romania’s national grid company Transelectrica (stock symbol: TEL) manages EUR51.7 million in funding from the National Recovery and Resilience Plan's (PNRR), the REPowerEU component, to implement three investments for modernizing, improving efficiency and dig...
Norway’s Scatec Enters Romania with Three EIB-Funded Solar Power Projects
The European Investment Bank (EIB) has committed EUR34 million for the construction of three photovoltaic parks in southwestern Romania, with an overall installed capacity of 190 MW.
E-INFRA Aims for 100 MW Installed Capacity in Solar Projects
E-INFRA group, controlled by businessman Teofil Muresan, is ending 2022 with a solar project portfolio of 45 MW, with the target for 2023 envisaging installed capacity of 100 MW.
Romania Likely to End 2022 with First Major Solar Power Parks Installed after 2014 Market Freeze
The most powerful developers on the market say there are real chances for 2022 to end with the first new MW installed in the system after an investment drought in the solar energy area since...
Restart Energy To Implement EUR160,000 Solar Energy Project For Agrocomplex Lunca Pascani
Restart Energy, one of the largest independent energy suppliers on the Romanian market, said it signed a contract worth EUR160,000 with the company Agrocomplex Lunca Pașcani for the installa...
Photon Energy Takes Steps Toward Own Portfolio of Solar Energy Projects in Romania
Whereas Photon Energy has so far dealt with the maintenance of some solar power parks, the company is now stepping toward its own projects, having a 120 MW portfolio underway.
RTG Energy Enters Romania’s Renewable Power Market with OK for EUR40M Solar Park in Giurgiu
RTG Solar Energy, a project company owned by Nidik Holdings Limited of Cyprus, has obtained a technical approval to connect a 70.4 MW solar park of Giurgiu to the network.
OMV Petrom Wants 10% of Local Solar Power Market at End-2030
At the level of 2030, the capacity of solar power projects in Romania is likely to hit 7,400 MW, five times higher than the current one, and OMV Petrom, Romania’s sole oil and gas producer,...
Photon Energy Poised to Start Solar Energy Project Construction in 2022
Netherland’s Photon Energy says it is set to start construction of solar energy projects underway in Romania in 2022, with investors’ appetite for renewable power being high amid the high en...