Romania's Simtel Team signs 13.4 million euro contract to build a PV park

Green Forum
Romanian technology and engineering company Simtel Team has secured a 13.4 million euro contract with an undisclosed metallurgy sector company to build a photovoltaic (PV) park.

Simtel Team will construct the solar plant in Calarasi County in southeastern Romania. The project is set to be completed within five months.

Simtel Team reported a net profit of €1.02 million for the first quarter of 2024, marking a 199% increase compared to Q1 2023, on revenues of €9.18 million, down 31%.

 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Business

AQUILA meets 2026 emissions target two years early

AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.

Industry

EC approves €400 million for Spanish hydrogen scheme

The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.

READ MORE
Green Forum  |  22 April, 2025 at 12:00 PM
Green Forum  |  21 April, 2025 at 6:21 PM