A trader-led structural model...

In South-East Europe, gas–power interaction has moved decisively beyond simple fuel substitution logic....

Liquidity, LNG volatility, basis...

South-East Europe’s gas markets have quietly crossed a structural threshold. What once functioned...

Rising U.S. LNG dependence...

The European Union’s growing dependence on U.S. LNG is often framed as a...

European gas prices at...

European gas prices have fallen to their lowest levels in more than a...
Supported byClarion Energy
HomeSEE Energy NewsRomania: CEZ started...

Romania: CEZ started the construction of a floating solar power plant

TMK Hydroenergy Power, a part of CEZ Romania, together with Innovation Norway, has started the construction of the first floating solar power plant in Romania, with the capacity of 1 MW. Solar power plant will generate more than 1 GWh of electricity per year and reduce greenhouse gas emissions by over 300 tons of CO2 annually.

The value of the investment is 1.36 million euros, with TMK Hydroenergy Power benefiting from an Innovation Norway grant to cover part of the expenses. The project aims to dispose of the currently unused water body of the Grebla lake, with an area of approximately 30,000 square meters.

The energy produced will partially cover the internal electricity consumption of TMK Hydroenergy Power. So far, the solar panels have been delivered, together with the floats and their related equipment, and the preliminary stages for the start of the installation work of the solar panels have been carried out.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Global supply risk feeds SEE volatility through margin and inventory channels

Global oil price shocks from geopolitical disruptions rarely pass directly into Southeast European markets. Instead, they filter through refinery margins and inventory management, shaping local prices in ways that reflect operational and logistical realities rather than crude prices alone....

Shadow fleet pressure tightens freight markets and reshapes SEE basis dynamics

The EU’s scrutiny of Russia’s shadow tanker fleet has an indirect but significant impact on southeast European oil markets. By tightening effective tanker supply on Mediterranean and Black Sea routes, even vessels not directly sanctioned face higher costs and...

Sanctions enforcement becomes a pricing variable in southeast Europe oil flows

The latest EU sanctions targeting individual oil traders and facilitators connected to Russian exports do not create new legal constraints for the southeast European oil market. Instead, they reprice execution risk, transforming sanctions from binary compliance events into continuous...
Supported byVirtu Energy
error: Content is protected !!