Nofar of Israel, which already operates the largest photovoltaic park in Romania, may receive a loan of EUR 68 million from the European Bank for Reconstruction and Development (EBRD) for three large photovoltaic parks that it is developing in the south of the country. The EBRD\u2019s project is in the exploratory stage.<\/p>\n
The total capacity of the three solar parks\u00a0is 515 MW.<\/p>\n
The project comprises three distinct sites and is estimated to generate approximately 676 GWh of electricity annually. Part of the EBRD loan is expected to be approved under the EBRD\u2019s InvestEU Facility for a Sustainable Transition, a bank statement said<\/a>.<\/p>\n The three companies are controlled by Nofar Energy, and each is developing a photovoltaic project.\u00a0<\/p>\n The Corbii Mari project has an installed capacity of 256 MW and is scheduled to become operational in 2026. The Iepure\u0219ti II project is an extension of the 169 MW Iepure\u0219ti 1 project (estimated connection to the grid this year) to 400 MW in total, and the Slobozia project has 73 MW and is expected to be operational in 2026.<\/p>\n