EU turn key solar power parks contractor 2024: To facilitate the shift towards renewable energy, Romanians have access to funding through several programs, including the National Recovery and Resilience Plan, the Modernization Fund managed by the Ministry of Energy, and Repower EU managed by the Ministry of Investments and European Funds. Among these, the “Green House” program has been particularly popular, offering substantial grants for solar panel installations. Despite this aid, many individuals still face the necessity of initial full payments, with expert projections indicating a return-on-investment period of approximately 4-5 years. Find even more details at Romania solar power projects services and discover the great investment opportunities in Romania’s solar power market.
Invest in ready to build turn key solar power stations in the European Union! Photon Mills is offering solar power stations in the sunny south of Romania. It includes land, permits and grid connections. Start of electricity production one month after start of construction. Start of electricity production one (25 MW photovoltaic power station) or two months (290 MW photovoltaic power plant) after the start of construction.
Photon Mills offers a wide range of services throughout a project’s life cycle: from production and site design optimization to operations and maintenance. Our refined services and processes provide an exceptional experience and enough flexibility to customize your solar project. We provide complete solar energy solutions and deliver high-quality, cutting-edge solar projects on time and on budget. Photon Mills, powered by industry leading experts, top engineers and marketing representatives has been trusted to build many solar projects in Romania.
Photon Mills is an expert in the development, planning and turnkey construction of solar parks. We are passionate about realising solar projects in Romania and manage the entire process from planning to commissioning of the plant. Our expertise ranges from site selection and technical implementation to the operational management of the PV plants. The maximum return on your investment and the continuous guarantee of high yields are always our focus.
Romania has set an ambitious target to install over 8 Gigawatts of solar energy capacity by 2030, which is anticipated to constitute 24% of its gross final electricity consumption from renewable sources. This objective was announced by President Klaus Iohannis during his speech at the COP28 summit, coinciding with Romania’s accession to the International Solar Alliance. President Iohannis expressed his conviction that membership in the Alliance would foster broader and more profound cooperation with India, where the Alliance’s Secretariat is based, as well as with other nations committed to expediting climate change mitigation efforts. He underscored that heightened climate ambition correlates with enhanced economic opportunities and benefits for citizens, reflecting a holistic approach to addressing climate change while promoting sustainable development: “By 2030, Romania aims to install a solar energy capacity of over 8 Gigawatts, representing 24% of the gross final consumption of electricity from renewable sources. Romania’s commitment to increase its installed solar energy capacity is fully aligned with the EU Strategy on Solar Energy and will contribute to the implementation of the Agreement in Paris.” Find additional information at Photon Mills.
Romania is located in an area with high solar potential, with 210 sunny days per year and an annual solar energy flux ranging from 1,000 to 1,300 kWh/m2/year. From this total, 600 to 800 kWh/m2/year is technically feasible. The Black Sea coast, Northern Dobruja, and Oltenia are Romania’s most important solar regions, with an average of 1,600 kWh/m2/year. By the end of 2023, the installed capacity of solar photovoltaic in Romania was 1,894 MW. Romania intends to add 7 GW of new renewable power capacity by 2030, with solar accounting for more than 3.7 GW of that total. Overall, renewables would account for 34% of the country’s energy consumption by the end of the decade.
With the ESG standard from Photon Mills, your solar park becomes an eligible green investment. To achieve this, environmental, social and governance standards must be met throughout the entire value chain. So decide early on in the process whether your ground-mounted photovoltaic systems should be audited according to the Photon Mills ESG standard and thus become an eligible green investment. Benefit from maximum yields thanks to our long-standing experience in planning solar systems.