Econergy inks EPC bargains for 170MW of Romanian solar

Nov 1, 2022 04:41 PM ET
  • Developer has actually signed agreements with contractors Shanghai Electric Group as well as CHINTEC for both projects
Econergy inks EPC bargains for 170MW of Romanian solar
Image: Unsplash/Andres Siimon

Econergy Renewable Energy has actually settled the engineering, purchase as well as building and construction (EPC) agreements for 2 Romanian solar projects that it is developing, which amount to 172MW.

The Parau project, situated in the Brasov region, will certainly have an overall installed capacity of 91MW and also the Oradea project, located in the Bihor area, will have a total mounted capacity of 81MW.

Both projects are because of become commercially functional in around a year from currently.

The Parau EPC agreement was signed with Shanghai Electric Group as well as the Oradea EPC agreement with CHINTEC Group.

Both are "identified and also considerable" EPC contractors which jointly have actually developed about 4GW of solar PV worldwide, Ecoenergy stated.

The projects will form part of Econergy's 1.5 GW solar pipeline under growth in Romania and part of its wider 7.5 GW pipe in Europe.

Eyal Podhorzer, Econergy's chief executive officer, stated: "Econergy are pleased to be leading the development and also building and construction of the Parau and Oradea PV projects in Romania.

" Solar is a core technology for Econergy as well as will certainly form a key part of our method to create renewable energy projects across Europe in the coming months.

" Romania stands for a key target geography for Econergy, and also this acquisition builds on our track record as a leading developer in the Romanian renewables market with solid regional advancement, monitoring, and also design specialisms."

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