Search
CCE gets building permit for 40-MW solar project in Romania
Arad area, is the initial of 8 solar plants that CCE is planning to set up in Romania. Building of the solar park featuring concerning 75,000 photovoltaic modules
Nov 4, 2022 // Plants, Large-Scale, Commercial, Europe, cce, Romania, Solar Project
BayWa r.e. Acquires 46-MWp Solar Park in Romania
BayWa r.e. AG has acquired a 46-MWp solar photovoltaic park in southeastern Romania. The deal for the White Gate PV park in Constanta County was announced by law
Jun 28, 2024 // Plants, Large-Scale, Commercial, Europe, baywa r.e., Romania, PV Power Plant
Silcotube's Solar Power Plant: Green Energy in Romania
a Romanian seamless pipe manufacturer, has begun construction on a 19.8 MW solar power plant in Calarasi, Romania. The project is valued at 96.9
Feb 19, 2024 // Plants, Europe, Romania, PV Power Plant, Silcotube
Romania Allocates €70M for Solar and Battery Projects
Romania's Energy Ministry has allocated nearly EUR 70 million in grants to boost solar photovoltaic (PV) manufacturing and battery energy storage systems (BESS). This funding comes under the National Recovery and Resilience Plan (NRRP) and includes a significant investment of EUR 32.9 million to Helomit Srl for a 1.5-GW solar panel factory in Barlad, Vaslui County.Additionally, subsidies will support five battery storage projects that will collectively add around 800 MWh of capacity. Key projects include a EUR 9.9 million grant for a 300-MWh battery in Ialomita County and a EUR 6.1 million grant for a 121.9-MWh facility in Giurgiu County, aimed at meeting Romania's energy storage needs.
How will Romania's funding enhance solar and battery storage capabilities in the country?
Increased Solar Manufacturing Capacity: The substantial funding will enable the establishment of a large-scale solar panel factory in Barlad, which is expected to significantly enhance Romania's capacity to produce solar photovoltaic panels domestically. This local production aims to reduce dependence on imported solar technology and create jobs in the renewable energy sector.
Job Creation and Economic Growth: As the solar panel manufacturing facility is developed, it is projected to create numerous jobs, both directly in the factory and indirectly through the supply chain. This investment could stimulate economic growth in the region by attracting further business and investment opportunities.
Enhanced Energy Independence: By fostering local solar panel manufacturing, Romania aims to increase its energy independence. The development of a robust domestic solar industry is pivotal for reducing reliance on energy imports and securing energy supply in the long term.
Battery Storage Expansion: The funding for battery energy storage systems (BESS) is crucial for integrating renewable energy into Romania's grid. By adding 800 MWh of battery storage capacity, the country can store excess energy generated during peak solar production hours for use during periods of low generation, thus stabilizing the energy supply.
Support for Renewable Energy Integration: The battery projects will facilitate the smooth integration of renewable energy sources into Romania's existing energy infrastructure. By managing the intermittency of solar power, these storage systems will enhance grid reliability and resiliency.
Diversification of Energy Resources: Investments in both solar manufacturing and battery storage will diversify Romania’s energy portfolio. This diversification is vital for reducing greenhouse gas emissions and promoting sustainable energy sources, contributing to Romania’s climate goals.
Alignment with EU Climate Goals: The funding aligns with the European Union's broader objectives to increase the share of renewable energy in member states. By enhancing solar and battery capabilities, Romania is positioning itself as an active participant in the EU's clean energy transition efforts.
Future Research and Development: Part of the funding may also be allocated for research and development initiatives related to solar technology and battery storage, fostering innovation in these fields. This could lead to further technological advancements and improved efficiency in energy production and storage.
Potential for Exporting Technology: As Romania develops its solar manufacturing capabilities, there is potential for exporting technology and products to neighboring countries and beyond. This could position Romania as a hub for renewable energy technology in Eastern Europe.
Community and Stakeholder Engagement: The projects funded under the NRRP encourage engagement with local communities and stakeholders, ensuring that the development of solar and battery projects meets the needs and expectations of the residents and local governments.
Long-term Sustainability Goals: This investment is part of Romania's broader commitment to sustainable development, aligning with long-term goals for increasing renewable energy production and reducing carbon footprints to combat climate change.
Nov 5, 2024 // Manufacturing News, Europe, Romania
Engie to build 8.6 MWp PV park in Romania for Saint-Gobain
Romania will utilize all energy generated in the park developed by Engie for its own requirements, the two business stated in a joint press release.
The
May 20, 2022 // Plants, Large-Scale, Commercial, Engie, Europe, Romania, PV Power Plant
Romania Gets EUR259 Million EU Help for Solar Panels & Battery Production
and also recycling of batteries, of photovoltaic cells and also of panels in Romania.
The new financing is approved under EU State aid rules and also will be made
Feb 17, 2023 // Manufacturing News, Markets & Finance News, Solar Panels, Europe, european commission, Romania, photovoltaic cells, green transition of EU, green transition of Romania, Recovery and Resilience Facility, RRF, skilled workforce
Rezolv Energy Surges Ahead with Massive Solar Power Projects in Bulgaria and Romania
the largest in the country. The company's minority partner in an investment in Romania has also purchased the land for their photovoltaic plant, which is planned to
Jan 12, 2024 // Plants, Large-Scale, Commercial, Europe, Romania, PV Power Plant, Bulgaria, Rezolv Energy
Romania's BESS Capacity to Reach 5 GW by 2026
Romania is aiming to have at least 2.5 GW of battery energy storage systems (BESS) in operation by next year and to surpass 5 GW of capacity by 2026. Energy Minister Sebastian Burduja announced these ambitious goals in line with recommendations from domestic transmission system operator Transelectrica, which estimated the need for at least 4 GW of energy storage capacity for the country.The Minister emphasized the importance of new investments in the BESS sector as a major priority for the national energy industry. Romania has allocated EUR 80 million (USD 87m) under its National Recovery and Resilience Plan for an energy storage programme expected to award 1.8 GW of capacity. Additionally, up to EUR 300 million will be disbursed through the EU Modernization Fund in 2024 and 2025 to facilitate the deployment of at least 3 GW of new energy storage capacity.
What are Romania's ambitious goals for battery energy storage systems?
Romania aims to have at least 2.5 GW of battery energy storage systems in operation by next year
The country's goal is to surpass 5 GW of capacity by 2026
Domestic transmission system operator Transelectrica estimates the need for at least 4 GW of energy storage capacity for Romania
Energy Minister Sebastian Burduja has highlighted new investments in the BESS sector as a major priority for the national energy industry
Romania has allocated EUR 80 million under its National Recovery and Resilience Plan for an energy storage programme expected to award 1.8 GW of capacity
Up to EUR 300 million will be disbursed through the EU Modernization Fund in 2024 and 2025 to facilitate the deployment of at least 3 GW of new energy storage capacity.
Jul 23, 2024 // Storage, Europe, Romania
Photon Energy brings online 9.5 MWp of fresh solar in Romania
certainly be fed into the grid taken care of by Distribueie Energie Electrica Romania as well as will be sold on a merchant basis.
Each solar park is geared up
May 9, 2023 // Plants, Europe, photon energy, Romania
nextE Unveils Romania's Largest Solar Park in Landmark Deal
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
Jan 17, 2024 // Plants, Commercial, Europe, Romania, PV Power Plant, NextE
DRI Expands Balkan Footprint with Solar in Romania, Wind in Croatia
unit of Ukraine’s DTEK Group, has acquired a 126-MW solar project in Romania and plans to build a 127.5-MW wind farm in Croatia. The company has expanded
Jun 19, 2024 // Plants, Large-Scale, Commercial, Europe, PV Power Plant, Croatia, DRI
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania
enterprises (SMEs) and to finance sustainable energy and climate leasing in Romania.
IFC is the lead investor in a bond issued by the company, which has raised
Dec 24, 2019 // Markets & Finance News, Europe, ifc, BT Leasing, Romania, sustainable energy
Romania's Prime Batteries: Monsoon Energise 24-MWh BESS
Romania's Prime Batteries Technology and Monsson have activated the largest battery energy storage system in the country, with a capacity of 24 MWh. This system is part of a larger project that includes three battery units co-located with a PV park within the Mireasa wind farm, totaling 216 MWh by 2025. The first-stage BESS in Constanta County will store electricity from the Mireasa wind park and the under-construction Galbiori 2 PV plant.The BESS complex will create the first hybrid solar-wind-battery complex in Romania and will be the largest of its kind in Europe once fully commissioned. The facility will use Prime Batteries' technology and consist of 132 battery strings with 114,048 lithium-ion cells, allowing for the storage of power from renewable sources and the national grid when needed.
What makes Romania's new battery energy storage system unique in Europe?
The new battery energy storage system in Romania is unique in Europe due to its size, with a capacity of 24 MWh and a total capacity of 216 MWh by 2025.
The system is part of a larger project that includes three battery units co-located with a PV park within the Mireasa wind farm, creating the first hybrid solar-wind-battery complex in Romania.
The facility will use Prime Batteries' technology and consist of 132 battery strings with 114,048 lithium-ion cells, allowing for the storage of power from renewable sources and the national grid when needed.
Once fully commissioned, the BESS complex in Romania will be the largest of its kind in Europe, showcasing the country's commitment to renewable energy and energy storage technology.
Apr 8, 2024 // Storage, Europe, Romania, Prime Batteries, Monsson
Enery Launches 50-MW Solar and Storage Plant in Romania
renewable energy firm Enery has launched the Sarmasag solar farm in northwest Romania, featuring a 51.4-MWp solar installation paired with a 22 MWh battery energy
Oct 24, 2024 // Plants, Large-Scale, Commercial, Europe, Romania, Enery
CWP Europe acquires 134-MW solar project in Romania
CWP Europe is the developer of the 600-MW Fantanele Cogealac wind farm in Romania, which is the biggest such facility in all of Europe. The business has a
Mar 14, 2023 // Plants, Large-Scale, Commercial, Europe, Romania, Solar Project, CWP Europe