European Energy’s development pipeline in Romania has reached almost 1 GW

European Energy is expanding its activities in Romania, having a pipeline of 935MW renewable energy with 810MW in solar and 125MW wind.

The first solar park project of 20MW is ready to build and the construction is scheduled to start within 2023. The company has also received grid connection approval for another 125MW project which is well under progress.

European Energy has 10 local projects in Romania under development: nine in photovoltaics energy and one in wind. The plan is for the company to use the renewable energy to fuel Power-to-X technologies such as green hydrogen and e-methanol.

Romania is seen as a fast-growing market for wind energy in the Southeast European region and could add more than two GW of wind farms by 2030. Currently, the country has about three GW of wind power and almost 1.5 GW solar power as of by the end of 2021, according to the International Renewable Energy Agency (IRENA).

SEE ALSO: US Fund Tejas Capital Group to invest EUR 21mil in Restart Energy

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