Nofar Energy plans to invest up to EUR135 million (US$137.53 million) to develop a 255 MW solar photovoltaic (PV) project in southern Romania.
The project will be constructed on about 290 ha of land that is located near a high-voltage power line. The plan is currently in an advanced stage with the target construction set to start in 2023.
Country updates
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June 29, 2022
Axpo plans to build 250 MW wind project in Bucharest
Axpo, a Swiss renewable energy developer, plans to build two wind projects in Romania that will have a combined capacity of 250 MW. The wind farms will be constructed about 100 km northeas...
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June 28, 2022
TeraPlast Group seeks US$4mn co-financing from EU for 4.56 MWp solar project in Saratel Industrial Parc
TeraPlast Group has submitted an application seeking a co-financing scheme from the EU's National Recovery and Resilience Program for about US$4 million to be invested in the 4.56 MWp solar photo...
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June 21, 2022
Photon Energy to build 32 MWp solar portfolio in Romania
Photon Energy has announced plans to build a 32 MWp solar photovoltaic power portfolio in Arad Country, Romania. The solar portfolio covers 9.3 hectares of greenfield land and features 10,600 solar p...
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June 09, 2022
INVL Renewable Energy Fund I to invest EUR120mn in Romanian solar farms
The INVL Renewable Energy Fund, run by INVL Asset Management, has announced plans to invest around EUR120 million (US$128.6 million) in the development of solar farms it has acquired in Romania. The...
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May 13, 2022
Nofar Energy plans to invest EUR300 million in Romanian RES
Nofar Energy plans to develop or purchase wind and solar projects in Romania, where it wants to invest more than EUR300 million (US$316 million) over the next two years. The firm wants to attain 1 GW...
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