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.

TeraPlast has received €1.1 million from the EU via the national government to build a 4.56MWp PV plant in northern Romania.

Romania has released information concerning its upcoming first round of Contract for Difference (CfD) which seeks 1GW of solar PV.

Enel Green Power Romania, the Romania-based renewables arm of Italian energy company Enel, has commissioned a 63MW solar PV plant in Romania.

Greek renewables developer Mytilineos has sold a 211MW portfolio of four solar parks to its compatriot fossil fuels company HELLENiQ.

Polish Independent power producer (IPP) R.Power has formed a joint venture with French asset manager Eiffel Investment Group to develop more than 1GWp solar PV projects in Romania.

Complexul Energetic Oltenia has signed contracts with two Romanian power companies to build solar projects with a combined capacity of 735MW.

Solar tracker supplier Soltec will ship its SF7 trackers to Greek renewables developer Mytilineos for a 130MW Romanian solar PV project.