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 photovoltaic project in Bistrita-Nasaud County, Romania.
The solar farm will be constructed in TeraPlast's Saratel Industrial Parc and is expected to be completed within 12 months from the start of the construction.
The Recovery and Resilience Facility (RRF) is the largest component of Next Generation EU (NGEU), the European Union’s landmark instrument for recovery from the coronavirus pandemic.
Country updates
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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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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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