romania

Dutch solar project developer and asset owner Photon Energy Group has completed two solar PV projects in Romania with a combined capacity of 9.5MWp.

Renewables developer Ameresco has partnered with EPC contractor Sunel Group to bid on 1.5GWp of solar PV and battery energy storage system (BESS) project contracts across Europe.

Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.

Photon Energy Group has closed a €21.9 million non-recourse project refinancing agreement for eight power plants with capacity of 31.5MWp.

Greek utility Public Power Corporation S.A (PPC) has signed a deal to purchase the entirety of Enel Group’s Romanian equity and assets.

German manufacturer AE Solar has planned to build a module manufacturing plant with a 10GW annual capacity in Romania.

The European Commission has approved Romania’s €259 million scheme to support investments in the production, assembly and recycling of batteries, PV cells and solar panels.

Energy asset manager Tesla 50Hz has signed a cooperation agreement with industrial properties developer Element Industrial to design and build 40MW of rooftop solar on ELI’s buildings across Romania.

Romania has announced a reduction in VAT for solar PV modules to 5% from 19% as of this week to boost self-consumption and solar uptake across the country.

Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.