Renewables

AE Solar plans solar panel factory in Romania

ae solar romania factory prime minister nicolae ciuca

Photo: Government of Romania

Published

March 6, 2023

Country

Comments

comments icon

0

Share

Published:

March 6, 2023

Country:

Comments:

comments icon

0

Share

German company AE Solar plans to open a EUR 1 billion factory in Romania that would manufacture solar panels.

AE Solar earlier revealed its plans to install production facilities for photovoltaic panels in Turkey, Bulgaria, and North Macedonia.

The potential investment in Romania was announced at the meeting of Prime Minister Nicolae-Ionel Ciucă with representatives of AE Solar and the Black Sea Universities Network.

The plan is to operationalize the first phase this year

In the initial phase, the facility will have a capacity of 2 GW, and upon completion it will reach 10 GW, the government said in a press release.

AE Solar’s representatives said the first phase would be operationalized this year.

The government added it would consider the possibility to support the investment with European funds or the state budget.

The government vowed to support the investment

Experts from the Black Sea Universities Network will participate in the analysis, according to the statement. Discussions are underway on its potential cooperation with AE Solar by establishing a science park connected to the production facility, the government pointed out.

Prime Minister Ciucă said the investment would make Romania a European solar panel manufacturing hotspot. It will also contribute to energy independence and environmental protection by using renewables for electricity production, in his view.

With the project, the government is not only working on achieving the goals set at the European level, but also responding to the needs of citizens and private companies to get access to cheap and environmentally friendly energy, Ciucă said.

AE Solar was launched in 2003 in Königsbrunn. The company operates in more than 95 countries. It has factories in Europe and Asia.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

CJR Renewables 102 MW Urleasca wind farm Romania

CJR Renewables completes construction of 102 MW Urleasca wind farm in Romania

09 October 2025 - The Urleasca wind farm in Brăila county in eastern Romania is complete, contractor CJR Renewables said

world dnv energy transition energy transition outlook 2025

Policy changes in US will have marginal impact on global energy transition

09 October 2025 - AI energy use may seem alarming, but it is projected to stay below EV charging and the cooling of buildings, DNV calculated

turkey teias world bank loan Humberto Lopez Orhan Kaldirim Alparslan Bayraktar

Turkey’s TEİAŞ signs USD 750 million loan contract with World Bank

08 October 2025 - A USD 750 million loan will be used for the Transforming Power Transmission System Project, Turkey’s transmission system operator TEİAŞ said

Romania Hidroelectrica hydropower battery storage

Romania’s Hidroelectrica to equip hydropower plants with battery storage

08 October 2025 - Romanian state-owned power utility Hidroelectrica plans to integrate battery storage with all its run-of-river hydropower plants