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Finance

CWP Europe acquires a 134 MW solar project in Romania

CWP Europe, the leading international renewable energy developer in Southeast Europe, announced the acquisition of the 134 megawatts (MW) Studina solar project under development in Romania.

The construction is set to begin in 2023 and the project is expected to reach commercial operation by the end of 2024. Once operational, the Studina PV power plant will provide green electricity to approximately 115,000 households and will contribute to the reduction of greenhouse gas (GHG) emissions by more than 95,000 tonnes annually.

Furthermore, this project will contribute to the country’s clean and reliable electricity generation and align with its goals in the Integrated National Energy and Climate Plan.

Combining a global perspective with extensive local experience, CWP Europe is developing more than 6 gigawatts (GW) of utility-scale wind, solar and battery storage projects in Southeast Europe.

Read the full article here

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