OMV Petrom has initiated its first large-scale photovoltaic project at Ișalnița, Dolj County in Romania, with an expected capacity of 89 MW. Following a competitive selection, OMV Petrom awarded the EPCC (Engineering & Design, Procurement, Execution & Commissioning) contract to a consortium of Romanian firms: Actual Connect S.R.L., Global Technical Systems S.A., Bit Invest S.R.L., and Alpin Sun S.R.L. The project includes constructing a photovoltaic park, a 110 kV substation for grid connection, and a two-year operation and maintenance period post-commissioning. The photovoltaic plant, for which the investment decision was confirmed in June 2024, is expected to produce approximately 130 GWh annually, with construction scheduled to be completed by mid-2026.
First OMV Petrom solar project breaks ground in Romania
A consortium of four Romanian companies has secured the EPCC contract for OMV Petrom’s Ișalnița solar park. (Image Source: OMV Petrom)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)