The European Bank for Reconstruction and Development (EBRD) has provided a €120 million financing package for a 342MW solar-plus-storage project in Romania.
R.Power has secured a €41.6 million (US$47.3 million) project finance facility for four solar projects in Romania with a combined capacity of approximately 75MWp.
Chinese engineering firm Shanghai Electric has signed an engineering, procurement, and construction (EPC) contract with independent power producer (IPP) Econergy to build a 342MW solar PV plant in Romania.