Photon Energy starts structure 7.1-MWp solar park in Romania
- Amsterdam-based solar as well as water solutions company Photon Energy NV (WSE: PEN) has actually launched the construction of a 7.1-MWp solar park in Romania as part of a wider strategy to add 32 MWp of overall generation capacity in the nation by end-2022.
The photovoltaic or pv (PV) park will be mounted on 10 ha of greenfield land near Sahateni in Buzau area. It will certainly be Photon Energy's 7th solar project in Romania, the Dutch programmer claimed on Wednesday.
To be geared up with some 12,700 photovoltaic panels and single-axis trackers, the new PV park will be able to produce around 11.4 GWh of electrical energy per year and also will be feeding it into the grid of SDEE Electrica Muntenia Nord. The output will be sold on the energy market on a seller basis, without any power acquisition agreements (PPAs) to be signed.
The solar farm is prepared to begin commercial procedures in the fourth quarter of 2022. After its commissioning, Photon Energy's IPP portfolio will certainly consist of 95 solar energy plants completing 120 MWp. In Romania alone, the firm has 3.6 MWp of shovel-ready projects as well as is servicing the advancement of a 242.8-MWp solar portfolio, attended be understood in 2023 and 2024. In addition, it has 28.3 MWp of projects incomplete.