Renewables

Rezolv signs grid connection agreement for 600 MW wind project in Romania

Rezolv-grid-connection-agreement-600-MW-wind-Romania

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Published

January 25, 2024

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Published:

January 25, 2024

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Rezolv Energy has signed the grid connection agreement for its Dunarea East and West wind power plants in Constanța county. They will have the same connection point.

Right after important updates on one of the biggest solar power investments in Bulgaria and the Dama Solar photovoltaic project in Romania of over 1 GW, Rezolv Energy said it made substantial progress with a 600 MW wind power project in southeastern Romania.

The Prague-based renewables developer said it has signed the grid connection agreement for Dunarea East and West. Both wind farms would have the same connection point. Therefore the joint facility would match the nearby Fântânele-Cogealac wind power plant which, at 600 MW, is the biggest in Europe in the onshore segment.

Dunarea is joint venture with Low Carbon

Rezolv is developing Dunarea East and West in partnership with Low Carbon. The locations are in the communes of Adamclisi and Deleni on flat terrain. The project requires a 400 kV substation to feed the output into the transmission network, operated by state-owned Transelectrica.

Dunarea East and West are located in Adamclisi and Deleni in southeastern Romania

The wind park is scheduled to gradually come online starting in 2026. The company revealed it would sell power to commercial and industrial users through long-term power purchase agreements (PPAs).

“Along with the positive impact on the local communities, Dunarea East & West will generate a huge amount of clean power for corporate off-takers, offering companies long-term price stability and peace of mind over the security of supply – as well as an emissions reduction guarantee,” General Manager for Romania Marian Pavel stated.

Rezolv said it has more than 2 GW in renewable energy capacity ready for construction in South Eastern Europe. Dama Solar in western Romania would, at 1.04 GW, be the largest solar power plant in Europe at this moment. The company also has the 450 MW Vifor wind project in Buzău county. It recently obtained regulatory clearance for St. George, a future 229 MW photovoltaic park in northeastern Bulgaria.

Major renewables investments maturing, coming online in Romania

There is news from another major investor that entered the country’s green energy market just a few years ago. Nofar Energy, operator of Romania’s largest solar power plant, is expecting a EUR 55 million loan from the European Bank for Reconstruction and Development (EBRD).

The financing is intended for two photovoltaic projects in Giurgiu county in the southeast. The company’s subsidiary RTG Solar Energy is developing the Iepurești project of 169 MW. The Ghimpați solar power plant is formally under special purpose vehicle Solis Imperium.

Motivated by legal reforms and the European Union’s funding, renewable energy projects have flooded Romania over the last few years. Most are for photovoltaics, and numerous utility-scale units have lately been coming online.

The government has adopted the draft offshore wind power bill in December.

The country apparently increased the overall capacity in the sector by a stunning 1.6 GW last year, more than doubling it. Interestingly, prosumers – households, institutions and firms – accounted for 1.1 GW. It puts the category at the forefront of the energy transition and decarbonization in Romania.

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