Econergy Renewable Energy has finalised the engineering, procurement and construction (EPC) agreements for two Romanian solar projects that it is developing, which total 172MW.
The Parau project, located in the Brasov region, will have a total installed capacity of 91MW and the Oradea project, located in the Bihor region, will have a total installed capacity of 81MW.
Both projects are due to become commercially operational in around a year from now.
The Parau EPC agreement was signed with Shanghai Electric Group and the Oradea EPC agreement with CHINTEC Group.
Both are “recognised and significant” EPC contractors which collectively have established approximately 4GW of solar PV globally, Ecoenergy said.
The projects will form part of Econergy’s 1.5GW solar pipeline under development in Romania and part of its wider 7.5GW pipeline in Europe.
Eyal Podhorzer, Econergy’s CEO, said: “Econergy are pleased to be leading the development and construction of the Parau and Oradea PV projects in Romania.
“Solar is a core technology for Econergy and will form a key part of our strategy to develop renewable energy projects across Europe in the coming months.
“Romania represents a key target geography for Econergy, and this acquisition builds on our reputation as a leading developer in the Romanian renewables market with strong local development, management, and engineering specialisms.”