Korkia and Econous Green Energy's Solar Power Partnership

Mar 19, 2024 02:20 PM ET
  • Korkia and Econous Green Energy team up to develop 600MW of solar power in Romania, powering 200,000 homes and offsetting 300,000kg of CO2 annually. A bright future for renewable energy in Europe!
Korkia and Econous Green Energy's Solar Power Partnership

Finnish renewables investor Korkia has partnered with Romania-based Econous Green Energy to develop 600MW of solar energy capacity in Romania. The projects are set to be construction-ready by 2025 and will produce enough renewable energy to power 200,000 homes in Europe. The partnership aims to offset carbon dioxide emissions by 300,000kg annually, equivalent to the emissions produced by 120,000 cars.

Romania's energy strategy includes plans to enhance its renewable energy exports and secure its role in the European energy system. The country's solar energy market is expected to grow by more than 7GW by 2033, with the current energy mix consisting of 40% carbon-based sources. Econous Green Energy CEO Christos Lialios expressed excitement about the partnership with Korkia, highlighting their commitment to a sustainable energy future and the benefits it will bring to Romania and Europe.

How will Korkia and Econous Green Energy's partnership impact Romania's solar energy market?

  • The partnership between Korkia and Econous Green Energy will significantly contribute to Romania's goal of enhancing its renewable energy exports and securing its role in the European energy system.
  • The development of 600MW of solar energy capacity by 2025 will play a crucial role in the growth of Romania's solar energy market, which is expected to expand by more than 7GW by 2033.
  • The projects will produce enough renewable energy to power 200,000 homes in Europe, helping to reduce the country's reliance on carbon-based energy sources.
  • The partnership aims to offset carbon dioxide emissions by 300,000kg annually, equivalent to the emissions produced by 120,000 cars, contributing to Romania's efforts to combat climate change.
  • Econous Green Energy CEO Christos Lialios emphasized the commitment to a sustainable energy future and the positive impact the partnership will have on Romania and Europe as a whole.

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