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RICHRBT is about to start the installation of the first of the four solar power plants in its project pipeline in Romania
Romania
Igor Todorović
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saw in time the opportunity for a bigger piece of the action
active in civil and industrial construction
announced via domestic media outlets that it would begin works in September on the first solar power plant in a portfolio of four units
The facility in the Bolintin-Deal commune in Giurgiu county would have 40 MW
The firm scheduled the start of installation of the three remaining ones for early next year
An 80 MW photovoltaic facility is planned to be built in Joiţa commune
The last solar park would be in Bolintin-Vale
All the sites are in the Giurgiu area in the Muntenia region and are just a few kilometers from each other
RICHRBT pointed to the significance of its project pipeline for the local economy in terms of job creation and attracting investments in renewables
“In the next three years we want to establish another 12 parks
because we want to reach a total capacity of 900 MW by 2027
I hope we have the appropriate support from a legislative point of view and from the Romanian Government,” said Reman Henk Jonah Rutger
He said the firm is committed to continuing to invest in sustainable and innovative projects
As for other developments in the sector in Romania, Greece-based Public Power Corp. (PPC) began the construction of a 140 MW wind farm
There are more acquisitions of mature projects as well
The EUR 3.25 million deal was actually agreed three years ago, Economica.net reported
Earlier, Econergy received the approval for the connection of its solar power project for 34 MW in peak capacity to the transmission grid
The Mircea Vodă site is in Dobrogea or Dobruja
A subsidiary of the Israeli company also got network connection terms for a 27 MW solar park in Dobrogea
It expects it would bring both facilities online next year
Shikun and Binui Energy secured a EUR 49 million loan a month ago for a 101 MW photovoltaic endeavor in the northwest
It also has a new transmission network connection approval for its proposed Gold-Wind wind farm of 376 MW near Constanța
its target completion date is by the end of 2028
recently bought a 46 MW photovoltaic park in Constanța county and obtained the connection approval for a 245 MW solar power plant in Giurgiu county
The latter is called Tălgat and it is slated to be completed by the end of 2028
Bellini has been present in the market since early 1990s
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Croatia
05 May 2025 - The delegations from the two countries met on the sidelines of the 10th summit meeting of the Three Seas Initiative
Bosnia and Herzegovina
05 May 2025 - The Trebinje 3 photovoltaic plant would have an installed capacity of 53.63 MW and an estimated annual production of 85.5 GWh
Region/EU
05 May 2025 - VDE Renewables found that SolarEdge’s advanced safety capabilities minimize photovoltaic system risks and effectively prevent fire hazards
02 May 2025 - The project is located in Constanța county
recognized for its superior yields in green energy production
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the leader of the local market of vibro-pressed products and the largest domestic producer
announces a new investment in the largest factory of concrete pavements in South-Eastern Europe
“Located in Bolintin Vale – Ilfov
our new prefabricated factory will be a symbol of excellence and technological progress
With an impressive surface and extensive production capabilities
this unit represents an essential pillar in supporting regional growth and development and incorporates new technologies for the Romanian market”
The new production facility is located on a plot of over 120,000 square meters and will have a built-up area of 18,000 square meters
It will also have two photovoltaic parks located on a 20,000 square meter plot of land
60 percent of the total energy required for the operation of the unit
“The factory in Bolintin Vale will be inaugurated this autumn
Being located near the unit we already own
we decided to migrate the activity from it to the new location
thus optimizing the entire production”
was secured both from own funds and through bank loans
35 million euros from Banca Comercială Română (BCR)
one of the most important financial groups in Romania
the leader of the local market for vibro-pressed pavers and curbs
recorded a turnover of 317 million lei (63.7 million euros) last year
Symmetrica’s business expansion was boosted by the investments in increasing production capacities made by the company in the last two years
Symmetrica allocated 14 million euros for the inauguration of its first factory in the South-East of the country
and for the expansion of the production unit in Prejmer (Brașov)
starting production at the Bolintin Vale factory – Symmetrica’s largest production unit and in South-Eastern Europe
Developed through an investment of almost 50 million euros
it will operate four state-of-the-art production lines and will contribute to a 30 percent increase in total production capacity
“The investment in the Bolintin Vale factory was an essential strategic step for Symmetrica
consolidating our position on the market and supporting the accelerated growth of the business
the first three production lines are already operational
and in the coming period we are focusing on optimizing the processes and preparing the fourth line and post-processing capacities (splitting
Symmetrica has invested over 135 million euros
of which 110 million euros in the nine paving and precast concrete factories and 25 million euros in the industrial equipment factory
consolidating its leading position in the industry
Symmetrica still expects a stable evolution of the business
in the context of a construction market under pressure from several factors
The decrease in investments in the residential sector
the constantly increasing inflation and the general economic and political instability influence the demand
while measures such as the reintroduction of the 1.5 percent tax on special constructions and the elimination of tax incentives for employees in the field put additional pressure on the industry as a whole
The company representative estimates that the infrastructure works segment will continue to be the main growth engine
despite the slowdown in the residential market
the growing interest in premium solutions will generate opportunities for differentiation and consolidation in this segment
we will focus on optimizing operations and innovation
so as to respond as efficiently as possible to market demands
We see different dynamics between segments
with strong demand in infrastructure and a selective evolution of the residential sector
We are ready to adapt to market developments and capitalize on opportunities
while maintaining the quality and competitiveness of our products”
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