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 of renewable energy source (RES) capacity in Romania by the end of 2022, both organically and through acquisitions. Nofar has recently secured a EUR130 million (US$137 million) deal for a 169 MW photovoltaic project in Iepuresti, Giurgiu county, that would be completed in the first half of 2023. The project has also the potential to be expanded to 400 MWp.
Country updates
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May 09, 2022
INTEC, CHINT to develop 154 MW Ratesti solar PV project in Arges County
INTEC Energy Solutions has collaborated with CHINT Solar in delivering the 154 MW Ratesti solar PV project, Romania's largest solar power plant. Econergy has awarded the contract for the p...
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March 14, 2022
Ruserio Solar launches EPC tender for 134 MWdc solar project in Bucsani
Romanian solar project developer Ruserio Solar has launched a tender for the development of a 134 MWdc (113 MWe) solar photovoltaic plant located in the Giurgiu county, municipality of Bucsani ne...
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March 02, 2022
Axpo signs PPA for 226 MW Verbund wind farm in Casimcea
Axpo arranged a CPPA with Verbund, an Austrian energy business, to supply an undisclosed global automotive supplier to its Romanian production plants. The plants in Romania will get 70 GWh per year f...
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January 26, 2022
Restart Energy signs grid-connection contract for 50 MW solar project in Sarmasag
Romanian energy provider Restart Energy has signed a grid-connection contract for its 50 MW solar photovoltaic farm located in the northwestern locality of Sarmasag in Salaj county, Romania. Th...
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January 06, 2022
Simtel buys majority ownership in ANT Power Energy
Simtel Team, a Romanian engineering and technology company, has reached an agreement on taking over the majority stake of ANT Power Energy, provider of forecasting services for photovoltaic power plan...
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