Hidroelectrica is seeking a consultant for a feasibility study whose costs are estimated at RON12.39 million (EUR2.5 million). The study is expected to be delivered in a year and bidders have until July 12 to submit their offers.

The project consists of the phased execution of works for a photovoltaic park with an estimated power of 300 MW and a hydrogen power plant with an installed capacity of 100 MW and a production estimated at 15,000 tons per year.

The planned photovoltaic park will be located in the former basin of the Fagaras-Hoghiz reservoir. The electricity produced will be used primarily to power the green hydrogen plant, which will be built in the second stage of the investment, as well as for industrial and domestic consumers connected to the national power grid. 

The planned green hydrogen power plant will use water from the Olt River and the renewable energy produced at the photovoltaic park built in the first phase.