Two PV parks of 117 MW in total coming online near Bucharest

Eximprod Grup is about to commission a 65 MW photovoltaic facility in Prahova county, north of Bucharest, before adding a battery system, and Simtel obtained financing for the completion of a 52 MW solar power plant in Giurgiu, south of Romania’s capital city. Additionally, the developer of a project of a similar size in Alba county in Transylvania, including energy storage, applied for an environmental permit.

Eximprod Group said it completed a solar park of 49.5 MW in connection capacity in Ciorani, Prahova county, north of Bucharest. Commissioning and grid integration are underway.

According to its documentation, the facility has 65 MW in peak capacity. It consists of five units with 9.9 MW in grid connections each.

The PV plant is coming online through a 20/110 kV power station and a single metering point. Eximprod, controlled by investors Manole Gheorghe and Vasile Domente, thanked Transelectrica, DEER, Ostenweg Sysplan SRL and Alive Capital for cooperation in the project. The company bought 590 W solar panels.

Eximprod has won a EUR 13.4 million grant for the Ciorani project from NRRP

The EUR 56.2 million endeavor includes a grant of EUR 13.4 million from the National Recovery and Resilience Plan (NRRP or, in Romanian, PNRR). It is part of the European Union’s Recovery and Resilience Facility (RRF).

Eximprod invested in the solar park, which features trackers, through its project firm Solar System Project. The facility was built on an 89-hectare land plot. It is located next to a solar power plant of the same owners, with a 15.5 MW connection and 20 MW in peak capacity.

The company plans to add a 21 MW battery energy storage system to the Ciorani PV park. Eximprod recently completed the first of seven foundations of a 38.4 MW wind park in Galați county in the region of Western Moldavia.

Banca Transilvania approves loans for large solar power project in Giurgiu

The Giurgiu county, west and south of Romania’s capital city, is emerging as one of the country’s solar power and energy storage hubs. Major projects are being materialized in other areas around Bucharest as well. Engineering company Simtel said it has signed financing contracts for a PV plant of 52 MW in peak capacity, which is 80% finished.

Annual output is estimated at 69 GWh.

Banca Transilvania, Romania’s largest, has approved a ten-year investment loan of EUR 16 million and a bridge loan of EUR 12.2 million. The latter is denominated in local currency and matures in March 2026.

Simtel has completed its first three smaller PV plants

“Since 2023, with the completion of our first proprietary photovoltaic park in Pleșoiu, our company has entered a new stage of development, becoming an electricity producer. The Giurgiu project represents an important step in this direction, as it covers more than half of the total capacity we aim to have completed and operational in our portfolio by mid-2026,” said Simtel Team’s Chief Executive Officer Mihai Tudor.

Romania has supported the investment in Giurgiu through NRRP. The bridge loan covers the financing needs before the company collects the grant.

Simtel, which is also a contractor, has completed three of its PV projects – in Pleșoiu, Salonta, and Iacobeni. Four others are in various stages of construction or permitting – in Anina, Ianca, Mangalia, and Movilița. Together with the facility in Giurgiu, their combined peak capacity is above 83 MW. The eight units will generate an estimated 111 GWh per year.

The company is listed on the main market of the Bucharest Stock Exchange (BSE). Simtel offers consultancy services, authorization, design, engineering, construction, maintenance, operation, measurement, control, and energy supply. It was founded in 2010 by Iulian Nedea, Sergiu Bazarciuc and Radu Vilău.

Solar-BESS hybrid power plant project on monastery land in Alba is worth EUR 53.1 million

As for other relevant news in Romania, Bucharest-based Ponor Energy requested an environmental approval for a solar power project of 56.7 MW in peak capacity, which would include batteries. The site is in Ponor commune in Transylvania’s Alba county, spanning 48.6 hectares. The firm leased monastery land for 25 years.

The facility would consist of 166 Huawei inverters of 49.8 MW in total and Trina Solar’s 85,852 bifacial panels of 660 W. The battery segment would have 81.5 MWh in capacity.

Excluding value-added tax, the investment is worth an estimated EUR 53.1 million.