Romania

/BUCHAREST, July 14, 2023, 14:00 BST, OMV Petrom/ OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement at the end of June 2023 for the purchase of several projects for the construction of photovoltaic parks in Teleorman County. The projects are being developed by the Danish developer Jantzen Renewables ApS. The completion of the transaction is estimated for the second quarter of the next year, when the projects will reach the "ready-to-build" phase. The installed power of these photovoltaic parks will be ~710 MW. The parks…

/LONDON, April 19, 2023, 14:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long-term period, 2023 ÷ 2032. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046…

/LONDON, September 16, 2022, 10:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long-term period, 2022 ÷ 2031. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046…

/BUCHAREST, July 13, 2022, 9:30 GMT, PHOTON ENERGY N.V./ Photon Energy N.V. announces that it has broken ground on the construction of its second Romanian PV power plant, which will have a generation capacity of 4.7 MWp. High-efficiency bifacial solar modules mounted on single-axis trackers will deliver around 6.8 GWh of renewable energy annually to the grid of Distribuție Energie Electrică Romania, which will be sold on the energy market on a merchant basis, without any support or a power purchase agreement with an energy offtaker. The new power plant…

/LONDON, January 18, 2022, 9:15 GMT, RENEWABLE MARKET WATCHTM/ This 50MW solar photovoltaic (PV) project is the first crucial step in the planned 500MW pipeline of renewable energy projects in Romania by 2025. It is located in Sărmăşag, Sălaj County of Romania, and the estimated investment for its realisation is EUR 40 million. The estimated аnnual energy production (AEP) is 60,000 MWh. The final commissioning of the project is scheduled for the end of Q1 2022. Through this project, Restart aims to create 100 temporary jobs (during construction) and 15…

/LONDON, December 16, 2021, 10:00 GMT, Alerion Clean Power, RENEWABLE MARKET WATCHTM/ The Italian company Alerion Clean Power S.p.A. has signed with Black Sea Wind Partners S.r.l. (a leading company in the development of wind projects in Romania) a development agreement for 3 new wind farm projects in Romania, with a capacity of up to 550 MW. The authorization process for the plants under development is expected to be completed by the end of 2024. The agreement reinforces the growth program that Alerion is pursuing abroad, particularly in Romania. Furthermore, Alerion will accelerate the growth in…

/LONDON, November 10, 2021, 14:30 GMT, RENEWABLE MARKET WATCHTM/ The 155MW project will be one of Romania's largest solar photovoltaic power plants. It is located on Ratesti, Arges county, on a land plot with approximately 165 hectares. There is no information disclosed about the deal price. Earlier this year, Portland Trust announced its plans to create a portfolio of more than 500MW solar projects in Romania. According to the Renewable Market Watch, this deal is only the beginning of many deals for new large scale solar projects in Romania that…

/LONDON, October 12, 2021, 10:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long term period 2021 ÷ 2030. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres…

/26th May 2021, 3SIIF/ The Three Seas Initiative Investment Fund, invests in RP Global-backed renewables developer Enery Three Seas Initiative Investment Fund S.A. SICAV-RAIF (‘3SIIF’, ‘the Fund’) announces that it has made its first investment in the energy sector, acquiring a significant interest in Enery Development GmbH (‘Enery’), an operations-led renewable energy developer. The existing shareholders, RP Global and Enery Management, will remain invested with a long-term vision to partner for growth within the Three Seas region. The investment is due to complete following merger control approvals. Enery owns a portfolio of 85MW…