The contract for the solar power project was signed Wednesday. The project was accessed by Italian company Vir Company and is partially financed with European funds under the 2007-2013 economic competitiveness program. The solar power project on the former land of the chemical plant will have an installed capacity of 5.38 MW, according to the Prahova county council.
The total value of the project is RON106,836,000, of which around RON58 million are non-reimbursable EU funds, said Economy Ministry state secretary Maricel Popa.
The land that will host the solar panels has been decontaminated. There are dozens of hectares of land in the area that belonged to the former chemical plant, founded in the 1970 and left in ruin since 1997.
The former plant, privatized in 1990, produced chemical fertilizers, sulphuric acid, phosphoric acid, and other chemical products based on phosphorus, chlorine and sulphur. In the late 1980s, the plant had 3,000 employees but was left in ruin in the mid-1990s.