Engie Romania buys 9.3 MW solar park in Harghita area

Dec 18, 2020 12:47 PM ET
  • The Romanian arm of French electrical energy firm Engie claimed on Friday that it has finished the acquisition of a 9.3 MW photovoltaic park in the main region of Harghita.
Engie Romania buys 9.3 MW solar park in Harghita area
Image: SeeNews

The procurement remains in line with Engie Romania's method focused on the growth of renewable resources that have an essential role in the power change, the company said in a news release.

The value of the bargain was not divulged.

Prior to the conclusion of the offer, the park was part of Ever Solar, a local firm had by German photovoltaic park programmer Soventix as well as developer Alpin Solar.

The photovoltaic or pv farms were taken into operation in 2015 and have so far generated roughly 55 GWh, the equivalent of annual electricity intake of some 34,000 families.

"This acquisition notes a brand-new stage in achieving our goal of ending up being a major capitalist in the field of renewable energy in Romania by 2030, therefore adding to the group's passion to be the leader in energy transition," Engie Romania head of state and CEO Eric Stab claimed.

"Locally, our goal is to occupy a leading position in the sector of centralised renewable resource - given that wind as well as solar power will have an enhancing share in the future energy mix of the country - as well as to give environment-friendly energy to our customers, either all-natural or legal persons," he included.

"Romania has a high possibility for solar power, which will be capitalised a growing number of in the coming years. Therefore, our objective is to continue the advancement of the installed ability portfolio of renewable energies, both through organic growth and purchases," Engie Romania claimed in the declaration.

Engie Romania presently runs 110 MW of renewable energy in wind and photovoltaic abilities. Before this purchase, the business was energetic in renewable resource with 2 wind farms, with a set up capacity of around 100 MW, located in Braila as well as Galati areas.

The Engie Group exists in Romania in natural gas, electrical energy as well as power solutions.

Engie Romania is the primary subsidiary of the French group in Romania as well as owns the firms Distrigaz Sud Retele, ENGIE Servicii, ENGIE Building Solutions, Alizeu Eolian and also Braila Winds, serving an overall 1.9 million consumers. Engie Romania as well as its subsidiaries run a circulation network of about 20,000 kilometres, very own 2 wind farms with an overall capability of 110 MW as well as have 4,000 workers.


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