Photo: Oleksandr Ryzhkov on Freepik
One of the biggest photovoltaic plants in Romania is due to begin commercial operation by the end of the year. China Huadian Corp., which bought 49%, is reportedly acquiring the entire 134 MW facility.
Project firm Grup Blauer București has completed the construction of a solar park in southern Romania. The 134 MW facility in the Studina commune in Olt county is one of the biggest in the country. Profit.ro reported that it is entering trial production.
The deadline for starting commercial operation is the end of 2025. Grup Blauer București is one of four developers of photovoltaic projects that China Huadian Corp. is taking over, the article adds. The conglomerate has 178 GW in operation, generating more than 640 TWh per year.
Grup Blauer București was owned until late 2022 by a group of investors including Bogdan Stelea. The Romanian national soccer team’s former goalkeeper held 21.4%. They sold the firm to CWP Europe.
Founders of Grup Blauer București included Romanian goalkeeper Bogdan Stelea
Next, in the summer of 2023, a subsidiary of Renalfa IPP bought a 50% stake. The news website found that China Huadian Hong Kong Co. currently controls 49% of the solar park. Its parent, established in 2002, is among the five largest state-owned Chinese companies.
Of note, China Huadian was interested in building a coal power plant in Romania, until the country decided to phase out the solid fossil fuel. The company also participated in a tender in 2015 for the revived Tarnița-Lăpuștești pumped storage hydropower project.
Romania’s largest solar park, Rătești, has 155 MW in peak capacity, but there several projects for larger capacities, too.
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