Giurgiu Solar

The operation will finance the development, construction, and operation of two solar PV plants totalling 316.7MW of generation capacity. The addition of 316.7 MW of renewable capacity from solar generation to the Romanian energy system will bring more than 160,000 tonnes of annual emissions savings and generate 386GWh of electricity per annum. The Project is one of the first in Romania to prove commercial viability of private renewable energy projects without support scheme and attract long-term construction project financing for such a project. Moreover, it demonstrates the return of investor’s interest in renewables market in Romania, which almost completely shut down after the phase-out of the support scheme at the end of 2016. (The project is a sub-project of “InvestEU Framework for Sustainable Transition”, INVEU-ICR-0010-2023.)

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Giurgiu Solar

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