Europe turn key solar power parks services Photon Mills: To facilitate the shift towards renewable energy, Romanians have access to funding through several programs, including the National Recovery and Resilience Plan, the Modernization Fund managed by the Ministry of Energy, and Repower EU managed by the Ministry of Investments and European Funds. Among these, the “Green House” program has been particularly popular, offering substantial grants for solar panel installations. Despite this aid, many individuals still face the necessity of initial full payments, with expert projections indicating a return-on-investment period of approximately 4-5 years. Read even more info at Romania turn key solar power stations services and discover the big investment 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.
Current production from wind plants is approximately 3,000 megawatts annually, with photovoltaic plants contributing around 1,500 megawatts, and hydroelectric sources providing the remainder of over 6,000 megawatts. Projections from the National Strategy and Forecasting Commission suggest a substantial average annual increase of 18.9% in photovoltaic electricity production between 2024 and 2026. Furthering these objectives, Bucharest has submitted a revised National Recovery and Resilience Plan alongside the RePowerEU plan to the European Union[10], outlining comprehensive measures including the procurement of photovoltaic panels, energy storage batteries, and other innovative energy solutions. These steps underscore Romania’s strategic approach to enhancing its energy autonomy, reducing consumption, and embracing a sustainable energy future. Discover even more info at 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.
With the ESG standard from Photon Mills, your solar park becomes an eligible green investment. To achieve this, environmental, social and governance standards must be met throughout the entire value chain. So decide early on in the process whether your ground-mounted photovoltaic systems should be audited according to the Photon Mills ESG standard and thus become an eligible green investment. Benefit from maximum yields thanks to our long-standing experience in planning solar systems.