EIB Backs 190MW Romanian PV Projects with US$40 Million Investment

EIB backs 190MW Romanian PV projects with US$40 million investment

EIB is investing US$40 million to construct and operate three PV plants in southwestern Romania, with a combined capacity of 190MW.

Romania to expand solar-power production with €34 million in financing from EIB - The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com EIB News

(Credit: Unsplash) This article is published in association with European Investment Bank. EIB commits €34 million to support development of three solar parks in southwestern Romania. New photovoltaic plants in Oltenia region to have enough combined capacity to power more than 160,000 homes. EIB financing is for subsidiaries of clean-energy developer Scatec and is part of €121 million package. The European Investment Bank (EIB) is committing €3…

Romania to expand solar-power production with 34 million euros financing from EIB

The European Investment Bank (EIB) is lending 34 million euros for an expansion of solar-power production in Romania. The EIB financing is to support the construction and operation in southwestern Romania of three photovoltaic plants that will have a combined capacity of 190 megawatts (MW) – enough to power more than 160,000 homes. The planned production sites are in the counties of Olt and Dolj, which are located in the Oltenia region that bord…