Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

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During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Romania: Alive Capital develops 23 MW solar power plant with energy storage component

Since 2013, the Romanian company Alive Capital has been providing integrated management services to renewable energy producers. Recently, the company completed the development of a solar power plant with an installed capacity of 23 MW, supported by funding from the National Recovery and Resilience Plan (PNRR).

The Da Vinci New Project, located in Nanov, Teleorman County, is a solar power facility that also incorporates an energy storage system. Currently under construction, the storage system will have a power output of 5 MW and a total storage capacity of 10 MWh. The power plant covers an area of approximately 24.7 hectares and boasts an installed capacity of just over 23 MW. This project highlights Alive Capital’s ongoing commitment to advancing renewable energy infrastructure in Romania.

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