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Photon Energy Energizes Romania with New 7.5MW Solar Plant

by sthv

Photon Energy Engineering Romania has successfully connected a new 7.5 megawatt (MW) solar photovoltaic (PV) plant to the national grid. Located near Făget, this facility spans 9.1 hectares and features 12,216 bifacial PV modules mounted on single-axis trackers. The plant is projected to generate approximately 11.1 gigawatt-hours (GWh) of electricity annually.

This project marks Photon Energy’s third solar PV installation in the Făget area, bringing the total installed capacity in this region to 14.6 MWp. The electricity produced by the Făget 3 PV plant will be sold on the open market.

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Georg Hotar, CEO of Photon Energy Group, expressed enthusiasm about the new addition: “We are thrilled to enhance our portfolio with an additional 7.5 MWp in Romania. This is our largest plant to date and boosts our Romanian portfolio to a total of twelve power plants with a combined capacity of 48.4 MWp.”

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Photon Energy Group now boasts a production portfolio of 100 solar power plants with a total capacity of 140.3 MWp. Additionally, 3.2 MWp in Sărulești, Romania, is currently in the commissioning phase.

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Romania has set ambitious renewable energy goals, aiming for a 34% share of renewables by 2030. The country plans to install approximately 7 gigawatts (GW) of new capacity, with around 3.7 GW dedicated to PV solar projects. To support this growth, Romanian authorities offer financial incentives, including rebates of €750,000 ($835,000) per MW for solar projects between 200 kW and 1 MW, and €425,000 ($473,000) per MW for larger installations. Additionally, the Casa Verde Fotovoltaice program promotes rooftop PV installations for residential use under the national net metering regime.

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