Romania to expand solar-power production with €34 million in financing from EIB
Romania, Feb. 16 -- The European Investment Bank (EIB) is committing €34 million for an expansion of solar-power production in Romania. The EIB financing is to support the construction and operation in southwestern Romania of three photovoltaic plants that will have a combined capacity of 190 megawatts (MW) - enough to power more than 160,000 homes in the country.The planned production sites are in the counties of Olt and Dolj, which are located in the Oltenia region that borders Bulgaria and the Danube River. With construction set to begin this month and full commercial operations due to start in September 2027, the project will advance goals by Romania and the European Union as a whole to fight climate change, increase energy indepe...
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