nextE Unveils Romania's Largest Solar Park in Landmark Deal

• nextE, a leading European independent power producer, secures a power purchase agreement for a massive 42.9 MW solar park in Romania, solidifying its position in the country's renewable energy sector.

European independent power producer nextE has announced a power purchase agreement (PPA) for a 42.9 MW solar park in Romania. The PPA covers the output of what nextE claims is the largest onsite solar commercial and industrial project in Romania. The company plans to spend approximately €35m ($41m) to develop and build the photovoltaic farm, which will be equipped with 78,000 PV panels and 130 inverters. The project also includes the construction of a new substation and aims to combine power generation with agricultural activities. nextE is currently working on several renewable energy projects with a combined capacity of around 160 MWp and aims to have 500 MWp of installed capacity by the end of 2027.

In November 2020, nextE signed a PPA with Romanian cooling and heating systems manufacturer RAAL for a 7.4 MW solar park in Bistrita-Nasaud County.

What is the size and cost of nextE's solar park project in Romania?

• The solar park project in Romania developed by nextE has a size of 42.9 MW.
• The estimated cost of the project is approximately €35m ($41m).
• The project will be equipped with 78,000 PV panels and 130 inverters.
• In addition to the solar park, a new substation will be constructed.
• The project aims to combine power generation with agricultural activities.
• nextE has signed a power purchase agreement (PPA) for the output of the solar park.
• The PPA covers the largest onsite solar commercial and industrial project in Romania.
• nextE is currently working on multiple renewable energy projects with a combined capacity of around 160 MWp.
• The company has a goal of achieving 500 MWp of installed capacity by the end of 2027.
• In November 2020, nextE signed a PPA for a 7.4 MW solar park in Bistrita-Nasaud County with RAAL, a Romanian cooling and heating systems manufacturer.