Israeli renewable energy companies Econergy and Nofar Energy have started commercial operations of their joint venture, the 155 MW Ratesti Solar Project in Romania. The €102m PV solar project is the largest of its kind in Romania, occupying a total of 107 hectares in the town of Răteşti in Argeş county (Romania). The project was inaugurated at the end of October 2023. Econergy plans to connect several new solar projects totalling 234 MW in Romania in the first half of 2024.
At the end of 2022, Romania had a total installed capacity of nearly 19 GW, 2/3 of which is CO2-free (36% hydro, 16% wind, 8% solar, 8% nuclear, and 1% biomass) and 32% thermal (17% coal, 8% oil, and 7.5% gas). A total of 14 GW of new carbon-free capacity is under development, including 5 GW of solar, over 6 GW of wind and 1.4 GW of nuclear.
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