Romania

Romanian structure materials producer Cemacon [BSE: CEON] said that it intends to spend 1.053 million euro ($1.11 million) in a 455 Wp photovoltaic park.

Italian steel bars and also unique steels manufacturer AFV Beltrame Group stated on Thursday that it intends to spend 200 million euro ($210 million) to upgrade the recently-acquired Targoviste special steel plant, COS Targoviste, in Romania and also to develop a photovoltaic or pv park with an installed capacity of 100-120 MW.

Romanian building and construction materials maker TeraPlast Group stated that it is seeking co-financing with the National Recovery and Resilience Program, PNRR, for a 19 million lei ($ 4 million/3.8 million euro) financial investment in a 4.56 MWp photovoltaic (PV) power plant.

Solar power and clean water options group Photon Energy claimed on Monday it prepares to add a solar energy portfolio with a complete generation capacity of 32MWp by the end of this year in Romania.

Romanian majority state-owned hydro power manufacturer Hidroelectrica stated on Thursday it is seeking professionals to compose an expediency research study for the building of a 300 MW solar plant and also a green hydrogen production plant on Olt river.

INVL Renewable Energy Fund 1 will spend EUR120m on the projects that are due online in 2024

Portugal-based renewable resource producer GreenVolt has gotten a 65.2 million euro ($69.7 million) syndicated loan to finance the acquisition of a 45 MWp solar park in Romania, the loan providers announced on Thursday.

The Romanian arm of French multinational utility firm Engie claimed that it has actually authorized a contract with the neighborhood branch of French building materials group Saint-Gobain to construct a 8.6 MWp photovoltaic park at its factory in Calarasi, southerly Romania.

Romanian concrete items maker Prebet [BSE: PREB] claimed it had signed an agreement with Electrica Furnizare for the procurement and advancement of a 0.4 MW solar nuclear power plant.

Israel's Nofar Energy is aiming to establish or obtain wind as well as solar projects in Romania where it plans to spend over 300 million euro ($ 316 million) in the adhering to 2 years, it claimed on Tuesday.

Turkey-based INTEC Energy Solutions and Chinese firm CHINT Solar said on Tuesday they are partnering to create a 154 MWp solar power plant, the largest in Romania, after authorizing an engineering, procurement, and construction (EPC) agreement with Israeli renewable resource projects programmer Econergy.

Microinverter vendor Enphase Energy will broaden its worldwide production capacity by partnering with supplier Flex in Timisoara, Romania for its European base.

Romania's top oil and gas team OMV Petrom [BSE: SNP] claimed on Thursday it has completed a 4,600 MWh photovoltaic or pv park in Icoana, Olt county, which will supply green power for its very own procedures.

Both projects are the first PV plants the firm has actually offloaded as part of its increased company version

Separate JVs with Phoenix Insurance and also RGreen will fund construction of PV projects in Romania and Poland