Finnish renewables investor Korkia has partnered with Romania-based Econous Green Energy to develop 600 MW of solar energy capacity in Romania.
The initial projects under the partnership are set to receive licensing and be construction-ready by 2025.
A photovoltaic capacity of 600 MW produces 780,000 MWh of electricity output.
The projects will produce enough renewable energy to power 200,000 homes. It will also offset CO₂ emissions by 300,000kg each year, equivalent to the annual emissions produced by 120,000 cars.
Romania’s energy strategy is ambitious, with plans to enhance its renewable energy exports and secure its role in the European energy system.
The country’s solar energy market is poised for expansion, with forecasts indicating growth of more than 7GW up to 2033.
