The Deutsche Telekom Group has signed a cross-border Power Purchasing Agreement (PPA) with Rezolv Energy to offtake power from the 461 MW VIFOR wind farm located in Buzău County, Romania.
This project, developed by Rezolv and Low Carbon, will use PPAs to support the construction of its first phase. The second phase will offer an additional 700 GWh per year to corporate buyers. The PPAs will enable three firms to purchase 100 GWh of clean power annually for 12 years. T-Mobile Czech Republic has secured 50 GWh per year, Slovak Telekom 40 GWh per year, and CE Colo Czech Republic 10 GWh per year. Once operational, VIFOR phase 1 will have a capacity of 192 MW, with plans to expand to 461 MW in phase 2. Construction is expected to be completed within 18 months, with VIFOR becoming operational before the end of 2025.
Country updates
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June 14, 2024
First Foundation completed of the 48 MW Onshore wind farm in Romania
Eurowind Energy has completed the first foundation of a 48 MW wind farm in Pecineaga, Romania. The project located in Constanța county consists of 8 Siemens Gamesa SG 6.6-170 turbines with an el...
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May 24, 2024
Final approval secured for 450 MW Wind farm in Romania
The first phase of the 450 MW Vifor wind farm in Buzau county, Romania has been granted setting-up authorization by the Romanian Energy Regulatory Authority (ANRE). Rezolv Energy and Low Carbon are c...
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May 01, 2024
Financing secured for 48 MW Onshore wind project in Romania
Eurowind Energy has successfully obtained a credit facility of EUR65 million (US$ million) to finance the construction of a 48 MW wind farm known as the Pecineaga wind farm in Romania.
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April 16, 2024
Commercial operations begins at 92 MW Solar farm in Romania
Econergy has announced commercial operations at a 92 MW solar project in Parau, Romania. The project, which has begun supplying electricity to the grid, is jointly owned by Econergy and RGreen, a Fre...
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January 04, 2024
Agreement signed for 50% stake in 1 GW Electrocentrale Borzesti portfolio
OMV Petrom has signed on the acquisition of a 50% stake in 1GW Electrocentrale Borzesti portfolio in Romania. By securing a 50% stake in Romania's most extensive wind power portfolio, OMV Petrom...
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