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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

SAPE to complete PV park in Valea Calugareasca by May 2024

Green Forum

11 March, 2024 at 8:30 AM

SAPE, Romania's Energy Participation Management Company, will complete a photovoltaic park in Valea Calugareasca in May 2024. The investment is worth nearly €7.04 million of which approximately €1.5 million are non-reimbursable funds from the National Recovery and Resilience Plan (PNRR).

”The execution contract for the 'Electricity Production Station through Photovoltaic Panels and Electric Energy Transport Network in the National System - CEF 4.9995 MW' was signed at the end of August 2023, and the final works are now underway so that, in April, just 8 months after the start of the project, the solar park will become operational. This is a clear indication that even companies in which the Romanian state is a shareholder can be an example of speed and best practices," said Bogdan Nicolae Stanescu, President of the SAPE Directorate.

The 5 MW photovoltaic park is situated in Darvari village, Prahova county. SAPE also owns wind farms in Constanta and Alba counties, totaling a current capacity of 27.5 MW with plans to expand to 100 - 150 MW by 2026.

Established in 2013, SAPE inherited the responsibilities and rights from the privatization of former Electrica companies, holding significant shares in various energy ventures.

Over 80% of Kaufland Romania's suppliers are local

Over 80% of Kaufland's suppliers are from Romania, and this percentage is growing year by year, says Valer Hancaș, Director of Communication and Corporate Affairs, Kaufland Romania.

Energy

Sântana and Pecica in Arad County to be heated with geothermal water

The towns of Sântana and Pecica in Arad County are implementing geothermal resources exploitation projects for heating public institutions. The city of Santana obtained European funding of RON27.5 million (€5.5 million) to complete the drilling and the thermal network.

Energy

Electrica buys company developing 27 MW photovoltaic project

Electrica bought the company Sunwind Energy, which develops the photovoltaic project "Satu Mare 2", with an installed capacity of 27 MW. The project is located near Botiz commune, Satu Mare county. Also, on February 6, 2023, Electrica announced the completion of the acquisition of the company Green Energy Consultancy & Investments, which develops the "Vulturu" photovoltaic project.

Energy

Enel Green Power starts building its largest solar plant in Italy

Enel Green Power has started work on the construction of a photovoltaic plant with a capacity of approximately 170 MW, which will be the largest solar plant in Italy. The installation will be based on bifacial photovoltaic modules - with a technology that allows the absorption of solar energy on both the front and back surfaces. This agrivoltaic solar farm will be built in an area owned by a local company that will be working with Enel Green Power on integrating agricultural activities at the plant.

Energy

Iulius Group adds PV panels to all properties in its portfolio

Iulius Group installed photovoltaic panels on all the properties in its portfolio and will produce 5,500 MWh annually across the group. The total investment adds up to more than €3.5 million.

Energy

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

Energy

Global renewables capacity grew by 10% last year

Global renewable energy capacity amounts to 3,372 gigawatts (GW) at the end of last year, some 295 GW or 9.6% higher than the previous year. The International Renewable Energy Agency (Irena) expects an increase in the number of employees in the renewable energy sector up to a total of 38.2 million in 2030, as investments in energy efficiency, electric vehicles, or hydrogen will increase.