Together with CE Oltenia, OMV Petrom will construct four photovoltaic (PV) projects in Romania with an installed capacity of around 450 MW. The facilities are expected to contribute to the national power grid beginning in 2024.
Approximately 70% of the total required investment of EUR400 million (US$391.76 million) will be funded by the Modernization Fund of the European Union.
The solar farms will be developed in the locations of former CE Oltenia mines in Isalnita, Tismana, Rosia, and Rovinari. OMV Petrom and CE Oltenia will each offtake 50% of the power output.
Country updates
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September 16, 2022
Photon Energy begins construction of 7.1 MWp solar PV project in Buzau county
Photon Energy has started the construction of a 7.1 MWp solar photovoltaic (PV) project located near Sahateni in the county of Buzau, Romania. The solar farm will span over 10 ha of land and will be...
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Rezolv Energy buys majority stake in 450 MW wind project in Bucharest
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Nofar Energy plans 255 MW solar PV project in southern Romania
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