Enphase to lay off 10% of workforce
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.
PPAs offer protection
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 signs deal for energy storage tech in Romania
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.
Romanian 155 MW PV plant nears grid connection
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.
Conventional grids place power plants in the crosshairs
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.
Deployment trumps manufacturing in EU priorities
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 to launch first CfD renewable energy auction
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 resumes development of 1 GW pumped hydropower project
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.
Romanian utility launches tender for 12 MW solar project
Romanian utility Electrica SA has launched a tender for a 12 MW solar project. Engineering, procurement and construction (EPC) contractors have until July 27 to submit their offers.
Romanian oil supplier acquires 710 MW solar portfolio
Romania’s OMV Petrom has acquired a 710 MW solar project portfolio. It said that all of the PV installations are all close to the ready-to-build stage.
