Solarealize and EDP Renewables plan to develop 840 MWp solar projects in Romania. Most of the projects already received permits for power grid connection.
EDP Renewables is the third largest investor in Romania’s green energy sector, with an installed capacity of 521MW in wind and solar installation that involved investments of EUR 750 million.
Solarealize is developing seven solar energy projects in Romania with a combined installed capacity of 600MWp. Three of the projects will be partly financed under the National Resilience Plan (PNRR).
The equipment and construction work for all the projects will cost some EUR 300 million. Four of the seven projects have received grid connection permits, and the construction work will start for one of the projects this year.
Separately, EDP Renewables obtained the power grid permits for two large solar projects, with a combined capacity of nearly 240MWp.
Solar Phoenix has a planned capacity of 113 MWp, is located in Timiş County, and is slated for completion by the end of 2026. Fravezac is a project company developing another 126 MWp solar park in Giurgiu County, scheduled for completion by the end of 2025. Both projects involve investments of some EUR 200 million.