romania

Israel-headquartered independent power producer (IPP) Econergy has sold a 214MW solar PV project in Romania.

Solar manufacturing giant LONGi has withdrawn from a public procurement process for a Romanian solar project after the European Commission (EC) launched an investigation into possible “market distortion”.

Israel-headquartered independent power producer (IPP) Econergy has begun commercial operations at a 92MW solar PV project in Romania.

Greek renewables developer Mytilineos and regional utility PPC Group have signed a new deal to develop and construct 2GW of solar PV assets in Southeastern Europe.

The European Commission has launched investigations into two Chinese consortia over their bids for involvement in a Romanian solar project.

Israel-headquartered independent power producer (IPP) Econergy has announced the commercial operations for a 155MW solar project in Romania.

Econergy has closed a €60 million funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.

Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its  financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.

Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.

Ingka Group, the owner of Swedish shopping chain IKEA, has acquired a 300MW solar PV project in Dâmbovița county, Romania.