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On 12 May, Romania launched its second renewable energy auction to support 3,472 MW of new electricity generation, with 1,472 MW dedicated to photovoltaic projects and the remainder allocated to onshore wind.
2024 saw considerable growth phases as well as uncertainties around legislation and infrastructure readiness in several European markets. Wolf Dietrich, Senior Director Development, UK & Europe of Econergy, summarises the key challenges and provides an outlook on growth trends and success factors for 2025.
Swiss-based MET Group strengthens its presence in the Romanian market for renewable energies, commencing the construction of its 80 MW solar project in the Răscăeți municipality (Dâmbovița county).
Longi will supply PV modules for a 174 megawatt solar park that will be built by the Bulgarian based ECP contractor Solarpro. It is currently the largest of all existing or under-construction PV projects in Romania and is scheduled to go online in mid-2025.
What are the opportunities and challenges for business cases for stand-alone battery energy storage systems (BESS) in European markets like Germany, Italy, France, The Netherlands, Romania and Austria? Expert Philipp Kraemer of CCE shares his analysis.
In many countries in Central Europe, the market for large-scale battery storage is growing rapidly. The drivers are diverse, but there are still obstacles, as Eliza Stefan, Sales Manager BESS for Central & Eastern Europe, Jinko EES, points out.
Econergy Renewable Energy won the recent Romanian Contract for Difference (CfD) auction with the Parau 2 solar project. Additionally a second project financing agreement was signed with Raiffeisen Bank International (RBI).
European Energy has received grid connection approvals for around 500 MW of solar and wind energy projects across Romania. The total development pipeline for European Energy Romania now exceeds 1.5 GW of solar and wind projects.
R.Power announced the signing of contracts for the general execution of a 23 MW photovoltaic farm portfolio. The projects will be built by the Polish company Nomad Electric and the Romanian company Waldervar.
Econergy UK, has signed a financing agreement for €28 million in project funding for the Iancu Jianu solar photovoltaic (PV) project in Romania. The project, which has an installed capacity of approximately 58 MW, is currently under construction and expected to be connected during 2025.
With a nominal output of 40 MW, the Romanian CCE solar power plant Horia 1 was officially opened. It was funded by the EU. More PV projects of CEE in Romania are coming.
Supported by the EBRD, Romania has this week launched a Contract for Difference (CfD) mechanism for the construction of renewable energy installations and opened the first auction for 1.5 GW of renewable energy generation capacities – 500 MW of solar PV and 1 GW of onshore wind.
The PV market in Central and Eastern Europe continues to develop dynamically. Challenges are - as elsewhere - grid expansion, energy storage, load management and bureaucracy reduction. This was demonstrated at the CISOLAR & GREENBATTERY 2024 conference and expo in Bucharest.
Bucharest is set to host CISOLAR 2024 and GREENBATTERY EXPO . The conference will be held at the Grand Hotel Bucharest on October 15th, with the Expo and additional conferences continuing at the Laminor Arena on October 16-17th.
Actis-backed Rezolv Energy has selected three companies – CMC Europe, Solarpro and Green Solar Energy – to build the 229 MW ‘St. George’ solar park in Silistra Municipality in Northeastern Bulgaria.
Photovoltaics is picking up speed in Central and Eastern Europe. Poland is leading the way, but other markets such as Bulgaria, Romania and the Czech Republic are also developing dynamically. One challenge is the modernization and expansion of the grids.
The European Bank for Reconstruction and Development (EBRD) is making an equity investment of €15 million in Eldrive, a leading regional charging point operator in Bulgaria, Lithuania and Romania.
The European Bank for Reconstruction and Development (EBRD) is taking an equity stake in Premier Energy PLC to support investments in renewable energy generation capacity in Romania and Moldova.
Eastern Europe is one of the new solar market champions. The organizers of Intersolar Europe 2024 are expecting a large number of visitors from this region.
Romania sees a growing number of large solar parks. In Giurgiu a 172 MW solar park is being developed, that is expected to get commissioned in 2024.
Romania will become an energy transition hotspot in 2024. After CCE - Clean Capital Energy already started construction of the 42 MW solar power plant in Horia in the Arad region in 2023, the company has now obtained further building permits and grid commitments for 4 additional large projects.
Photon Energy has completed and grid-connected its tenth photovoltaic (PV) power plant in the Romanian market. The installation has a generation capacity of 3.8 MW.
Photon Energy Engineering Romania, Photon Energy’s Romanian subsidiary, has completed and grid-connected another photovoltaic power plant in Romania. The power plant has a generation capacity of 3.9 megawatts.
Longi has signed a 576 MW sales agreement with Nofar Energy Romania, implementing the latest generation of its high efficiency modules.
Vienna-based CCE is starting construction of the first of several planned photovoltaic projects in Romania. The 40 MW solar park in the northwest of the country is funded by the EU.
