Business Forum • 8 March, 2024 at 12:32 PM
Teius Solar, part of the Eurowind Energy group, a Danish developer and operator of wind, solar and hybrid projects, announces the launch of the Teius Photovoltaic Park project – with a maximum installed capacity of 60.2 MW, implemented in the city of Teius, Alba County. The total value of the project is €47.15 million (€54.98 including VAT).
With a maximum installed capacity of 60.2 MW, this photovoltaic park represents a major step in the Eurowind Energy group's efforts to promote sustainability and the use of renewable energy.
Furthermore, the Teiuș photovoltaic park aims not only to produce 103,592 MWh annually but also to significantly reduce carbon emissions, by 37,125 tons per year. These objectives underscore the company's commitment to an efficient, ecological, and competitive economy.
„The approval of the Teiuș Photovoltaic Park represents an important moment in our sustainable development strategy and in combating climate change, thus contributing to a cleaner environment for future generations. We are proud to contribute to Romania's energy transition and to improving environmental quality through this innovative project”, said Adrian Dobre, Country Manager România, Eurowind Energy.
In addition to the technical and ecological aspects, the Teiuș Photovoltaic Park will also have a positive impact on the local community, providing new development and economic growth opportunities. It will also transform the region's energy landscape and contribute to achieving national and international sustainability goals.
The project benefited from a state aid worth €15 million, according to the Financing Contract no. 183/30.12.2023, within the National Recovery and Resilience Program, Component 6 Energy, Investment measure I.1 Supporting investments in new capacities for generating electricity from renewable sources of wind and solar energy.
The project started on July 1st, 2022, and is scheduled to be completed by June 30th, 2024, marking an important moment in Romania's green energy project calendar.
Eurowind Energy is a leading Danish developer and operator of wind, solar and hybrid projects with HQ in Hobro, Denmark. With more than 560 employees across 15 European countries and the US, the goal is to create a future powered only by renewable energy by making investments in renewable energy projects. Eurowind Energy has been present on the Romanian market since 2011.
Teius Solar SRL is part of the Eurowind Energy A/S group from Denmark. This group develops, constructs, and operates power plants that generate clean and reliable electric power. Electricity is vital for the economic growth of nations and human well-being. The overall vision is clear: the group wants to play a significant role in the future of the energy sector. The green transition is based on a dedicated and focused effort to develop, build, operate, and optimize renewable energy while ensuring the integration of newer technological solutions in the field of renewable energy (PtX technologies) in our energy parks.