Posted by Amelia Whitehart on January 24, 2024 in Investment
Best turn key solar power stations contractor with Photon Mills: The 1 GW of newly installed solar capacity in Romania this year marks a 308 percent increase over the capacity added in 2022. The cumulative distributed and utility-scale solar capacity of the nation has surpassed 2.85 GW in 2023, producing in excess of 2.5 TWh or almost 5% of the overall power generation. Recent sector analyses reveal a substantial interest among Romanian homeowners in detached houses, with over 50% considering the acquisition of photovoltaic systems in 2023. This trend is evidenced by a tenfold increase in the demand for photovoltaic panels in 2022 compared to the previous year, aligning with European renewable energy initiatives and financial incentives for the green transition. Discover extra information at Europe turn key solar power stations contractor and discover the huge investing opportunities in Romania’s solar power market.
Invest in ready to build turn key solar power stations in the European Union! Photon Mills is offering solar power stations in the sunny south of Romania. It includes land, permits and grid connections. Start of electricity production one month after start of construction. Start of electricity production one (25 MW photovoltaic power station) or two months (290 MW photovoltaic power plant) after the start of construction.
Photon Mills offers a wide range of services throughout a project’s life cycle: from production and site design optimization to operations and maintenance. Our refined services and processes provide an exceptional experience and enough flexibility to customize your solar project. We provide complete solar energy solutions and deliver high-quality, cutting-edge solar projects on time and on budget. Photon Mills, powered by industry leading experts, top engineers and marketing representatives has been trusted to build many solar projects in Romania.
Photon Mills is an expert in the development, planning and turnkey construction of solar parks. We are passionate about realising solar projects in Romania and manage the entire process from planning to commissioning of the plant. Our expertise ranges from site selection and technical implementation to the operational management of the PV plants. The maximum return on your investment and the continuous guarantee of high yields are always our focus.
The cumulative solar capacity within the European Union (EU) has reached 263 Gigawatts (GW) in 2023, marking a 27% increase from the previous year’s total of 207 GW, as per the data provided in the European Market Outlook for Solar Power 2023-2027 by SolarPower Europe. This substantial growth is attributed primarily to the residual effects of the energy crisis and a backlog of installations from 2022, with activity tapering off towards the latter part of the year. The report projects a slowdown in the growth rate to 11% in 2024, anticipating an addition of 62 GW of new solar power capacity across Europe. Find additional details on https://photonmills.com/.
In 2023, the nation added 624 MW of power generation capacity. Solar energy made up the largest chunk of Romania’s new power production capacity with the addition of 496 MW. Apart from solar, 72 MW of capacity was added with wind turbines, while hydrocarbon technology contributed another 56 MW. With this, the cumulative installed renewable energy capacity of Romania reached 11,682 MW. Renewable energy investments are gaining momentum in Romania, bolstered by the government’s improved financial standing for supporting such projects. With access to EUR 16 billion in grants from the European Union’s Modernisation Fund, the government is well-positioned to finance various renewable energy initiatives.
When planning a turnkey solar park, we take care of the entire scheduling of the project, including the procurement of materials, labour and coordination of the construction phases. A team of experienced engineers ensures that bundled know-how meets innovative technologies to optimally plan the latest module generations into your solar park. Thanks to our detailed planning, we can guarantee you a predictable construction phase and lasting transparency. We make this possible through a personal and close exchange with our customers.