Giant solar project under development in Romania

Green Energy

The government of Arad County, western Romania, has started a public consultation on a large-scale solar project that is planned to be spread across the municipalities of Grăniceri and Pilu, pv-magazine reports.

According to a document published on the municipality's website, the project is being proposed by the company S.C. West Power Investment Srl and is expected to be built on a surface of 1,079 hectares, reported the pv-magazine citing local media. Romanian newspaper Adevarul has revealed that a group of international investors is behind this company, without providing further details.

The solar plant will have a capacity of 700 MW (megawatt) and will require an investment of approximately EUR 700 million (USD 853 million).

ADVERTISEMENT

Business Sentiment Up, Consumer Confidence Down in September Analysis

Business Sentiment Up, Consumer Confidence Down in September

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.