155MW Romanian PV Site Powers Up

• The Ratesti Solar Project is the largest of its kind in Romania: the 155MW facility has started commercial operation with a €102m investment. Reducing CO2 emissions by 168,000 tons annually, it will supply green electricity to 100,000 households. Econergy plans to connect 648MW of PV and Wind Projects and 102MW-hours of energy storage in the next five years. Start powering your future with Ratesti Solar Project.

The 155MW Ratesti Solar Project in Romania has begun commercial operations, with an investment of €102m. The array is set to supply full-scale electricity to the grid and provide green electricity to around 100,000 households, contributing to a reduction in CO2 emissions estimated at 168,000 tons annually. The project is part of a portfolio of 2.2GW in various stages of development and construction. Econergy co-founder and chief executive Eyal Podhorzer is thrilled about the commercial operation of Ratesti, which is the largest solar project in Romania. In the next five years, the company plans to connect 648MW of PV and wind projects and an additional 102MW-hours of energy storage, projected to generate annual revenues exceeding €160m.

What Is the Impact of the €102m Ratesti Solar Project in Romania?

• The Ratesti Solar Project is projected to generate an average of 450GWh of electricity a year.
• The project has generated 250 jobs during the construction phase, and it is expected to create an additional 50 permanent jobs for its operation and maintenance.
• The Ratesti Solar Project will reduce Romania's dependence on energy imports, while providing a cost-effective and clean source of energy to the national grid.
• The project has also secured a long-term power purchase agreement with the Romanian energy regulator, guaranteeing the sale of the electricity produced by the project.
• By increasing the share of renewable energy in Romania’s energy mix, the Ratesti Solar Project will help the country meet its EU renewable energy targets.
• The Ratesti Solar Project has attracted investments from a number of international investors, including the European Investment Bank.
• The project is expected to have a positive impact on the local economy, as it will stimulate the growth of the renewable energy sector in Romania, while providing job opportunities and economic development.