The operator of the biggest solar power plant in Romania is about to start building a much bigger facility in Corbii Mari 0 The small commune is in Dâmboviţa county. The Israeli company acquired the project in late 2023 The Clifford Chance Badea law office said the Corbii Mari endeavor is the fourth engineering procurement and construction (EPC) and operation and maintenance (O&M) contract in which it assists Nofar Energy The overall collaboration concerns renewable energy projects in Romania for over 650 MW Nofar recently said is meeting the timelines for its key projects in the country including Ghimpați (146 MW) and Iepurești (169 MW) and Slobozia, of 74 MW The last of the three won government support through a contract for difference (CfD) at the country’s first auction The Israeli company added that it has a project portfolio of 970 MW and 120 MWh The latter item apparently concerns battery storage In addition, Nofar Energy said last month that it connected to the electricity grid its solar park in Ada, the largest such system in neighboring Serbia Be the first one to comment on this article 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 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 02 May 2025 - The Sunčana (Sunny) Vipava project envisages installing solar power plants with a combined capacity of 20 MW © CENTER FOR PROMOTION OF SUSTAINABLE DEVELOPMENT 2008-2020 website developed by ogitive Nofar Energy Romania adds a substantial 256 MW photovoltaic project to its portfolio Developed in collaboration with the Portland Trust team this project marks a significant step towards a greener future and sustainability Nofar Energy is contributing to the new era of clean This achievement underscores the company’s commitment to advancing sustainability initiatives and fostering a greener environment for generations to come a remarkable milestone is on the horizon: 1 GW of solar projects in Nofar’s portfolio is drawing closer and closer Nofar is a global leader in renewable energy investments Nofar has been a publicly traded company at the (TASE: NOFR) Nofar has been growing rapidly and consistently with an extensive portfolio of projects and subsidiaries across nine territories and major renewable energy and energy storage projects Nofar’s main goal is to help the world reach zero emissions by 2050 through green and clean renewable energy – replacing old the Israeli companies Nofar Energy and Econergy officially inaugurated the largest photovoltaic park in Romania and South-East Europe – Ratesti solar project The project has a capacity of 155 MW and represents an investment of EUR 102 million It will provide green electricity to around 100,000 households contributing to a significant reduction in CO2 emissions Portland Trust has developed one of the largest photovoltaic projects in Romania and sold it to Israel-based Nofar Energy 0 The rights for a major photovoltaic investment in the Corbii Mari commune have changed hands which has developed a 255 MW project in Dambovița county sold it at an undiscovered cost to Nofar Energy Local authorities said it is worth more than EUR 120 million which could actually be too little to cover the construction and commissioning of such a facility With the transaction, Israel-based Nofar Energy said its portfolio of operational and renewable energy projects under development in Romania reached 1 GW. In partnership with Econergy, it commissioned the country’s largest PV plant in October It was also originally developed by Portland Trust Nofar invests in solar and wind power and energy storage in Spain “After more than 25 years of presence in the Romanian market we are happy that through our projects we we support the national decarbonization strategy,” Portland Trust’s Country Manager Florin Furdui said The commercial real estate developer is present in the Czech Republic as well Of note, the communes of Doicești and Şotânga in the Dambovița county host an 80 MW solar power plant within a future nuclear-solar power complex. It is envisaged to include Europe’s first small modular reactor (SMR) on the site of the former Doicești coal-fired power plant There are several more major solar power investments underway in the same county compared to the 177 MW Niculești project and Butimanu of 222 MW was established in 2003 to promote peace and stability between Israelis and Palestinians through economic development State-owned Hidroelectrica is working on a 1.5 GW solar power project in the province of Oltenia, but it recently called off a tender. It would in fact be the largest investment in Europe in the sector and not just in Romania. 30 April 2025 - OMV put into operation its 10 MW green hydrogen plant at the Schwechat refinery 30 April 2025 - It is the second time this year that MVM contracted gas-fueled and hydrogen-ready power plants at sites of former fossil fuel facilities A multijurisdictional team of Clifford Chance lawyers coordinated by the Bucharest office advised Nofar Energy one of the most dynamic renewable energy investors in Romania in the signing of an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari The Contractor and Operator is a consortium of companies that are part of Spain-based COX Energy and Romanian-based AJ Construction, part of AJ BRAND. The team of Clifford Chance lawyers including Lavinia Dinoci (Counsel) Diana Borcean and Nicolae Grasu (Senior Associates) from the Bucharest office and Marcin Markowski (Counsel) and Kinga Grzelczak (Associate) from the Warsaw office advised Nofar throughout the entire process including the negotiation and drafting of contractual documents This is the fourth EPC and O&M project that Clifford Chance Badea advised on for Nofar Energy thus consolidating a larger collaboration related to renewable energy projects in Romania with a total installed capacity of over 650 MW Procurement and Construction (EPC) and Operation and Management (O&M) contracts Last August, Clifford Chance Badea advised Nofar Energy in the signing of the acquisition agreement for 100% shares in Aviv Renewable Investment, the project company developing a 160 MW photovoltaic park in Giurgiu County. a team coordinated by Partner Mădălina Rachieru-Postolache and Senior Associate Oana Ionașcu advised Nofar Energy through its Romanian entities Solis Imperium and RTG Solar Energy in the signing of a term loan facility agreement and a VAT facility agreement totaling EUR 122 million with the European Bank for Reconstruction and Development (EBRD) and Raiffeisen International The portfolio of Energy transactions includes: We use cookies for keeping our website reliable and secure providing social media features and to analyse how our website is used The first part of Nofar Energy’s Ghimpați photovoltaic facility in southeast Romania is under construction 0 and construction (EPC) services provider Parapet said it launched works on Nofar Energy’s Ghimpați photovoltaic facility in Giurgiu county It would be one of the biggest solar power plants in Romania The contractor’s task includes installing the equipment at the site in the country’s southeast Parapet said annual output is estimated at 145 GWh In August, Israel-based Nofar Energy obtained a EUR 110 million loan. The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have split it equally The proceeds are for a total of 315 MW in solar power capacity in the Iepurești area The overall deal is for photovoltaic units Iepurești (169 MW) EBRD pointed out they would be built on three sites Ghimpați is on arable land between the village of the same name and neighboring Bulbucata Nofar Energy’s majority-owned project firms RTG Solar Energy and Solis Imperium are in charge of Iepurești and Ghimpați The company mostly develops photovoltaic projects. It operates in Italy, Spain, Germany, the United Kingdom, Israel, Romania, Poland, the United States and Serbia. There is 2.3 GW in connected and capacity under construction in the commercial and industrial (C&I) and utility segment In other news from the photovoltaic domain in Romania the local authority in the city of Alba Iulia published a zoning plan for a 150 MW facility with storage It is undergoing a public consultation process The location in Bărăbanț spans 179 hectares of private and municipal property including a former landfill 05 May 2025 - The delegations from the two countries met on the sidelines of the 10th summit meeting of the Three Seas Initiative Nofar Energy will equip its photovoltaic projects in Romania with LONGi Solar’s panels with a total capacity of 576 MW 0 Israel-based Nofar Energy operates Romania’s largest solar power plant and is preparing to start the construction of an even bigger one this year The company said it signed an agreement with LONGi Solar for photovoltaic panels of an overall 576 MW for its projects in the Balkan country The Chinese manufacturer signed a delivered-duty-paid (DDP) contract worth EUR 76.6 million LONGi said it is the biggest deal of its kind in Romania so far “Signing this significant panel purchase deal at low prices reflects the ongoing growth as reflected in the company’s recent reports we have initiated and commissioned over 1 GW of solar projects with high returns in six different countries and we are on the verge of another substantial leap The reduction in project costs is expected to lead to further improvements in the high returns the company demonstrates in its various projects,” Nofar Energy’s Chief Executive Officer Nadav Tenne said the company recently commissioned the Rătești PV plant in Romania Nofar Energy said it has 798 MW connected or under construction in the country and that it secured EUR 60 million in financing in 2023 Romania’s solar power boom is fueled by all segments from prosumers to municipal authorities to transmission system operator Transelectrica Before the recent purchase of the 255 MW project in the Corbii Mari commune in Dambovița county last year the firm also acquired projects called Iepurești and Ghimpați with a combined 315 MW in capacity according to its financial report for the third quarter They are located in Giurgiu County in southeastern Romania Nofar Energy is active in neighboring Serbia In May it took over two projects of 22.7 MW in peak capacity The company said the facilities would be built by the end of this year with just under 10 MW in connection capacity It will span 16 hectares in the cadastral unit of Utrine where another 16 hectares are envisaged for the second phase according to local spatial planning documentation Nofar Energy has 1.34 MWh in energy storage projects under development in Greece Nofar Energy bought the projects for EUR 3.9 million through its subsidiary Nofar Europe the company entered the energy storage sector in Greece in 2023 with projects under development of 1.34 GWh in total “It should be noted that in light of the characteristics of the Greek market and the first development stages of the projects there is a high probability that only a small part of the projects will complete the development procedures and reach the ready-to-build stage,” Nofar Energy pointed out in the quarterly report