This opportunity presents a shovel-ready, utility-scale photovoltaic (PV) park project located in the highly strategic Western region of Romania, a dominant market for renewable energy in Central and Eastern Europe (CEE).
Key Development & Permitting Milestones
The project significantly de-risked and is positioned for immediate construction:
- Land Security: 100% of the necessary land (442 hectares) has been secured through lease and concession contracts for a long-term duration of 30 – 49 years.
- Permits Obtained: Both the Urbanism Certificates and the critical Grid Connection Permit (ATR) have been secured from Transelectrica (the National Transmission System Operator).
- High-Voltage Grid Access: The connection point is confirmed and established on the high-capacity 400 kV Arad–Mintia transmission line.
Technical Specifications & Future Upside
- Configuration: The park will utilize a total of 732,137 high-efficiency panels (rated at 585 W each) and 1,980 inverters.
- Specific Yield: The location benefits from high solar irradiation, resulting in an expected specific yield of 1,600 MWh/year
- Optional Hybrid Phase: The project design is future-proofed with the option to integrate a Battery Energy Storage System (BESS) of up to 100 MWh, adding significant operational flexibility and potential revenue streams.
Financial Projections (Estimated)
The project offers highly attractive financial returns indicative of a premium, large-scale asset in the EU market:
- Total Annual Energy Production: 640,000 MWh/year (640 GWh)
- Estimated Annual Revenue: 51–57 million EUR/year
- Estimated CAPEX: 200 million EUR
- Estimated Payback Period: 4–5 years
This opportunity offers international investors a direct pathway to acquire a large-scale, de-risked, and bankable asset contributing to one of the fastest-growing renewable energy markets in Europe.