Volt recently signed a contract for the construction of one of the largest rooftop photovoltaic installations in Europe, with a capacity of 12 MW, in Romania.
“We are delighted to announce the signing and commencement of the implementation of one of the largest rooftop photovoltaic systems in Europe. This will have a capacity of 12 MW and will be built in Romania,” said Răzvan Ilie, Area Sales Manager at Volt, at the conference “Energy Efficiency for Energy Transition” organized in Iași by Energynomics together with the Romanian Energy Efficiency Fund – FREE and the Directorate for Energy Efficiency within the Ministry of Energy. He did not provide further information.
The company has already put into operation projects exceeding 10 MWp, including the largest rooftop photovoltaic system in Romania, with a capacity of 5.5 MW.
According to Răzvan Ilie, a photovoltaic system intended for self-consumption in Romania has a payback period of 4-5 years after commissioning.
Regarding the market, in the first half of this year, the number of projects completed was quite low due to delays associated with funding from the National Recovery and Resilience Plan (PNRR).
However, the situation has since changed, and contractors are going through a busy period. As a result, in the past month, the price of equipment needed for photovoltaic installations has started to rise.
Also, the initial costs of installing photovoltaic panels for prosumers are going up, and laws are changing all the time without warning. There are also no clear deadlines for when European funds will be given out.
Volt intends to finalize contracts for 15 MW rooftop installations this year and begin the construction of greenfield photovoltaic parks totaling 86 MW.
The conference in Iași was the fourth of a series of 5 scheduled by the Energynomics communication platform, the Romanian Fund for Energy Efficiency – FREE and the Directorate for Energy Efficiency within the Ministry of Energy. The project is financed by Norwegian Grants 2014-2021. The final conference is scheduled on November 16 and 17, in Bucharest.