TESLA and ELEMENT Industrial (ELI) have signed a partnership agreement for the design and construction of rooftop solar photovoltaics (PV) installations on all ELI buildings in Romania over the next 3 to 5 years.
The first phase of the project will involve the construction of 40 MW of industrial-scale PV using SolarEdge inverter technology on an area of 250,000 m2 of industrial parks.
ELI industrial parks will gain from grid independence, power quality, and lower electricity prices for tenants with each PV installation, especially considering Europe's energy crisis. The shift to solar energy will also drastically lower ELI's carbon footprint.
Country updates
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January 12, 2023
Romania to expedite permitting process for solar projects on agricultural land
Romania has enacted a new law to significantly simplify the approval procedure for renewable energy projects on agricultural land. The new law will be published in the official gazette of Romania and...
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December 06, 2022
MET Group enters deal to acquire 52 MWp solar project in Romania
MET Group has entered into a share purchase agreement to acquire an SPV holding all the rights of the 52 MWp photovoltaic project located near Bucharest in southern Romania. The...
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November 07, 2022
CCE plans to build eight solar PV project in Arad
CCE Holding, a joint venture between Clean Capital Energy and enernovum, together with Ärzteversorgung Thüringen, is planning to start the construction of eight solar photovoltaic projects i...
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November 02, 2022
Econergy secures EPC agreements for 172 MW Romanian solar PV projects
Econergy Renewable Energy has signed engineering, procurement, and construction (EPC) agreements for two solar photovoltaic (PV) projects in Romania with a combined capacity of 172 MW. The Parau proj...
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October 12, 2022
INVL Renewable Energy Fund I completes acquisition of 174 MW solar PV project in Romania
The INVL Renewable Energy Fund I, managed by INVL Asset Management, has completed the agreement to acquire a 174 MW solar photovoltaic project located in Romania. The Fund acquired the 174 MW p...
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