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Detail – Energy Country Profile

€110 million package for solar projects in Romania

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a financing package of 110 million euros for the construction and operation of two photovoltaic solar power plants in Romania: Iepuresti and Ghimpat.

The solar plants, with a total capacity of 300 MW, will generate 386 GWh of renewable energy per year The ongoing process of significant regulatory reform supports Romania's ambitious green energy program and investment in the green energy sector. The annual 386 GWh of electricity production will avoid approximately 160,000 tons of carbon dioxide emissions per year. The electricity generated will be sold on the local market.

More information here...