R.Power Expands Solar Portfolio in Romania

Jun 26, 2024 01:35 PM ET
  • R.Power Renewables shines bright in Romania's solar market, with plans for expansion into Portugal, Spain, and Germany. Leading the way in renewable energy growth.

Poland's R.Power Renewables has secured contracts to add new solar photovoltaic projects in Romania. The contracts cover the supply, installation, construction, and commissioning of the power plants, with specific project details not disclosed. R.Power believes that their investments will contribute to the growth of the photovoltaic sector in Romania, which is already expanding rapidly. Romania is considered one of the fastest-growing solar markets in Europe, with over 1 GW of PV capacity brought online in 2023.

In addition to their projects in Romania, R.Power has also acquired shares in firms holding rights to shovel-ready PV projects in Portugal. The company is also working on plans to build PV parks in Spain and Germany as part of their expansion strategy into new markets. Romania is seen as an important market for R.Power's development, and the company's investments in various European countries demonstrate their commitment to growing their presence in the renewable energy sector.

What are R.Power Renewables' plans for expanding into other European solar markets?

  • R.Power Renewables has secured contracts to add new solar photovoltaic projects in Romania, with specific project details not disclosed.
  • The company has acquired shares in firms holding rights to shovel-ready PV projects in Portugal.
  • R.Power is working on plans to build PV parks in Spain and Germany as part of their expansion strategy into new markets.
  • Romania is considered an important market for R.Power's development in the renewable energy sector.
  • The company's investments in various European countries demonstrate their commitment to growing their presence in the renewable energy sector.

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