Conergy has joined the ranks of companies supplying or developing projects in the promising eastern European market Romania. Suntech, ReneSolar and ET Solar has all announced supply or project development deals in the country in the last three months.
The 2.2 MW plant that Conergy will develop will be located near the Romanian town of Craiova. Approximately 9,200 modules will be used, manufactured at its fab in Frankfurt (Oder).
In announcing the deal, Conergy emphasized that the Romanian photovoltaic market could grow by fifteen times by 2016, to reach 1.5 GW. Energy authorities in the country had targeted 100 MW of capacity by 2012. "Romania has great potential as a solar growth market in Eastern Europe," said Conergy Board Member Alexander Gorski, in todays release. "The government intends to cover at least 20% of the countrys energy needs from renewable sources by 2020 and will be relying mainly on solar energy in addition to wind power."
Renewable energy development in Romania is underpinned by a "green certificate" scheme, in which energy intensive industries are compelled to purchase. The Conergy installation will receive around 17,040 certificates under the scheme. The market price for each certificate is fixed until 2025, between 0.27 and 0.55 with unsold certificates being purchased by the national energy regulator.
Conergy did not announce whether it is establishing an office in Romania but did indicate that it intends to use its Italian team to do so.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Jonathan Gifford
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.