A latecomer to the European PV party, Romania’s embrace of clean energy means it is perfectly placed to ride the wave of urgently ramped grid investment being rolled out by the European Union.
Electrica SA has asked engineering, procurement and construction (EPC) contractors to apply for its new 27 MW solar tender before the end of January.
Enphase says it plans to let go of 10% of its employees, in addition to shutting down contract manufacturing in the United States and Romania.
Europe is witnessing a surge in power purchase agreements (PPAs). Over the past four years, the number of European PPA transactions has trebled. More than 180 deals were signed in 2022 alone and the trend is expected to continue, especially for solar projects.
Green Gravity, an Australian energy storage startup, says it will explore opportunities to deploy its gravitational energy storage technology in Europe, after signing an agreement with Romanian state-owned energy producer Complexul Energetic Valea Jiului SA.
Econergy and NoFar Energy unveiled their jointly managed 155 MW Rătești PV Park in Romania’s south last week, which is claimed to be the country’s largest PV facility. An Econergy spokesperson told pv magazine that the plant, spread across 170 hectares, will be connected to the electricity grid by the end of the month.
Warnings about the need to decentralize Ukraine’s electricity grid, made 10 years before the Russian invasion, fell on deaf ears at the time. In the wake of war, nations across Eastern and Central Europe are alive to the risks embodied in traditional energy networks.
A lack of clear policy support, raw material dependency, and higher production costs are inhibiting the localization of European solar manufacturing, despite strong demand.
Romania is set to launch its first auction for a contracts-for-difference (CfD) support scheme later this month. It will tender 2 GW of solar and wind capacity, backed by 15-year power purchase agreements (PPAs).
Romania is resuming the development of the Tarniţa Lăpuşteşti pumped hydro storage project, with a planned capacity of 500 MW to 1 GW. It will be the first installation of its kind in the country.
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