Photon Energy Secures Romanian Solar Park Expansion Deal

• Photon Energy NV to build and manage a 38-MW solar park in Romania, marking the start of Hyperion's ambitious 500-MW renewable energy pipeline.

Photon Energy NV has secured an EPC contract from Hyperion Renewables to construct and manage a 34-MW solar park in Saliste, Sibiu County, Romania. The project, set to begin construction in Q3 2025 and go live by Q3 2026, will also see an additional 4 MW capacity expansion, bringing the total to 38 MW. Photon will handle the design, construction, and initial three-year operations and maintenance.

This project marks the first in Hyperion's 500-MW Romanian pipeline to enter the construction phase. Hyperion, active in Romania since 2021, views the country as a strategic market for its renewable energy initiatives.

What are the key details of Photon Energy's 38-MW solar project in Romania?

• Photon Energy NV is responsible for the engineering, procurement, and construction (EPC) of the solar project.
• The project is located in Saliste, Sibiu County, Romania.
• Initial construction is scheduled to start in the third quarter of 2025.
• The solar park is expected to become operational by the third quarter of 2026.
• The project will initially have a capacity of 34 MW, with plans to expand to 38 MW.
• Photon Energy will manage the design, construction, and the first three years of operations and maintenance.
• This project is the first in Hyperion Renewables' 500-MW pipeline in Romania to reach the construction phase.
• Hyperion Renewables has been active in the Romanian market since 2021.
• Romania is considered a strategic market for Hyperion's renewable energy projects.