Econergy Renewable Energy, a leading renewable energy developer and Independent Power Producer (IPP), announced its success in the recent Romanian Contracts for Difference (CfD) auction with the Parau 2 solar project.
Parapet, an EPC solutions provider in the renewable energy sector, has initiated work on one of Romania's largest photovoltaic plants in Ghimpați, Giurgiu County.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.