The combined generation capacity of the new power plant is 3.8 MWp.
The plant is located in Bocsa (Caras-Severin County), covers 5.6 hectares of empty land, and consists of 6,160 combined solar panels. Company officials expect the plant to generate revenue of approximately EUR490,000 in 2024 based on the current prices for the electricity supplied in broadband or on the Day-Ahead Market, in Romania.
Georg Hotar, CEO of Photon Energy Group, stated that “the new power plant in Bocsa expands the company’s IPP (Independent Power Producer) portfolio in Romania to 39.1 MWp and boosts its global capacity to 131.1 MWp.”
The company’s IPP portfolio now includes 98 solar power plants, with a combined generation capacity of 131.1 MWp.
The company is currently developing utility-scale solar PV projects with a combined capacity of over 1.2 GWp MWp in Australia and its key CEE markets, including almost 220 MWp in Romania, of which a total capacity of 12.4 MWp is at an advanced stage of construction.