Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The launch of Teiuș Photovoltaic Park: A 47...

The launch of Teiuș Photovoltaic Park: A 47 million euro investment for a green future in Alba

March 4, 2024

Teiuș.Solar, part of the Eurowind Energy group, a Danish developer and operator of wind, solar and hybrid projects, announces the launch of the Teiuș Photovoltaic Park project – with a maximum installed capacity of 60.2 MW, implemented in the city of Teiuș, Alba County. The total value of the project is 47,155,440 euros (54,987,957 euros including VAT). 

With a maximum installed capacity of 60.2 MW, this photovoltaic park represents a major step in the Eurowind Energy group's efforts to promote sustainability and the use of renewable energy.

Furthermore, the Teiuș photovoltaic park aims not only to produce 103,592 MWh annually but also to significantly reduce carbon emissions, by 37,125 tons per year. These objectives underscore the company’s commitment to an efficient, ecological, and competitive economy.

„The approval of the Teiuș Photovoltaic Park represents an important moment in our sustainable development strategy and in combating climate change, thus contributing to a cleaner environment for future generations. We are proud to contribute to Romania’s energy transition and to improving environmental quality through this innovative project”, said Adrian Dobre, Country Manager România, Eurowind Energy.

In addition to the technical and ecological aspects, the Teiuș Photovoltaic Park will also have a positive impact on the local community, providing new development and economic growth opportunities. It will also transform the region’s energy landscape and contribute to achieving national and international sustainability goals.

The project benefited from a state aid worth 15 million euros, according to the Financing Contract no. 183/30.12.2023, code RUE 643, within the National Recovery and Resilience Program, Component 6 Energy, Investment measure I.1 Supporting investments in new capacities for generating electricity from renewable sources of wind and solar energy.

The project started on July 1st, 2022, and is scheduled to be completed by June 30th, 2024, marking an important moment in Romania’s green energy project calendar.

The information provided by KomuniK

Read in full - click here
Romgaz records net profit of RON 1.24 billion in Q1 2024

 Romgaz Group recorded a consolidated net profit of RON 1.24 billion in Q1 2024, 28% higher than in the same period last year, according to data sent by the Bucharest Stock Exchange (BVB).According to the source, Romgaz reported a turnover of RON 2.27 billion, down 21.86% compared to the same period in 2023, as a […]

Oil Terminal closes Q1 2024 with RON 28.4 million in net profit

Oil Terminal obtained, in the first quarter of 2024, a net profit of RON 28.43 million, 21.5% higher than in the same period last year, according to financial data sent on Monday to the Bucharest Stock Exchange.The gross profit amounted to RON 33.2 million, higher by RON 26.9 million compared to the budgeted level for […]

Rompetrol Rafinare's results in the first quarter of the year, influenced by market volatility and the turnaround of the Petromidia refinery

  Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), recorded in the first quarter of 2024 a gross turnover of about 1.1 billion USD, down 15% compared to the same period last year. At the same time, the operational profit (EBITDA) recorded by the company was 33.2 million dollars, the net result having […]

Prime minister Ciolacu to pay visit to Turkey next week

 Prime minister Marcel Ciolacu on Wednesday informs that he will pay a visit to Turkey next week during which, based on the strategic partnership existing between the two states, a joint meeting of the Governments from Bucharest and Ankara will take place."On May 21, at the invitation of president Erdogan [I will go to Turkey […]

Ambassador: German troops' numerous participation in NATO Swift Response exercise proves our committment to allies

  German troops's numerous participation in the NATO Swift Response exercise, under the command of German Major-General Dirk Faust, proves once again that we stand firmly with our allies, and that we are making a relevant contribution to ensuring Romania's security and that of NATO's south-eastern flank, the German ambassador to Bucharest, Peer Gebauer, said […]

ForMin Odobescu, Dutch counterpart Slot discuss allied collaboration, F-16 Training Center in Fetesti

  Foreign Affairs minister Luminita Odobescu held bilateral consultations on Wednesday with her counterpart from the Kingdom of the Netherlands, Hanke Bruins Slot, who is visiting Bucharest, the meeting taking place against the backdrop of "intensified bilateral political and sectoral dialogue, as well as constant and close coordination at European and international level," informs the […]