Key Takeaways
- Electrica has launched the Satu Mare 2 photovoltaic park with a capacity of 27.056 MW, marking an investment of over €20 million.
- The project is part of Romania’s National Recovery and Resilience Plan, aimed at enhancing renewable energy and reducing carbon emissions.
- Electrica aims to expand its renewable energy portfolio and support the country’s energy transition and sustainability goals.
New Solar Initiative Strengthens Electrica’s Commitment
Electrica, a major player in Romania’s energy sector, has successfully completed the Satu Mare 2 photovoltaic park, highlighting its commitment to diversifying its production capabilities and fostering a sustainable energy future. Situated near Botiz in Satu Mare County, the park boasts an installed capacity of 27.056 MW and represents an investment exceeding €20 million.
The development includes a photovoltaic power plant, a 110/20 kV user transformer substation, and essential connection works to the distribution grid, with partial financing provided through Romania’s National Recovery and Resilience Plan (NRRP). This initiative aims to boost the share of renewable energy within Electrica Group’s energy mix, thereby contributing to reduced carbon emissions and facilitating clean, affordable energy access for local communities and the national economy.
Electrica CEO Alexandru Chirita emphasized that the completion of this project reflects the company’s dedication to sustainable development. “This project demonstrates that we can turn funding opportunities into investments with direct community and environmental impacts. We will pursue similar initiatives to augment our renewable energy production, lower our carbon footprint, and enhance Romania’s role in the broader energy transition,” said Chirita.
The launch of Satu Mare 2 further cements Electrica Group’s long-term strategy of investing in sustainable energy projects and integrating modern technologies designed to meet efficiency and environmental standards. Through these investments, Electrica positions itself as a dependable partner in achieving both national and European decarbonization objectives, contributing significantly to creating a greener and more competitive economy.
As a key player in electricity distribution, supply, and production in Romania, Electrica serves approximately 4 million users across 18 counties in three operational regions: Northern Transylvania, Southern Transylvania, and Northern Muntenia. Additionally, the group operates nationwide for electricity supply, maintenance, and energy services. Since July 2014, Electrica has been listed on both the Bucharest and London stock exchanges, driven by majority private capital, and is unique as the only Romanian publicly traded company in the electricity sector.
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