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Dutch solar project developer and asset owner Photon Energy Group has completed two solar PV projects in Romania with a total capacity of 9.5 MWp. BalkanEngineer.com has learned this from Pv-tech.org.
Located near Aiud and Teiuș in Romania's Alba County, the power plants are equipped with about 8,700 solar modules each. With double-sided solar modules mounted on single-axis trackers, the plants will supply a total capacity of 13.9 GWh per year to the grid operated by Distribuție Energie Electrică Romania.
Photon Energy will sell the power generated by the plants on a commercial basis, without any support or power purchase agreement with an energy supplier. In addition, the company expects the plants to generate a combined revenue of EUR 2 million based on current baseload electricity prices in Romania over the next 12 months.
In addition to these projects in Romania, Photon Energy Group is developing solar PV projects with a total capacity of over 950 MWp in Australia and its key markets in Central and Eastern Europe, including over 240 MWp in Romania. The remaining Romanian projects under development are expected to be built and commissioned in 2023 and 2024.
Photo source: canva.com