November 21, 2024
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Romania: CCE Holding launches largest solar power plant in Europe

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Last week, CCE Holding commissioned its largest solar power plant in Europe to date: a 40 MW facility in northwestern Romania, marking a major milestone in one of its key markets. The Horia 1 solar power plant, located in Arad County, spans 40 hectares and features 75,249 photovoltaic modules. It is expected to generate enough green electricity to power approximately 17,000 homes. The installation was carried out by SolarPro Technology, a Bulgarian developer of solar energy solutions.

The project received its building permit in November 2022, with construction beginning a year later. Financing was secured through debt funding from Austrian Raiffeisen Bank International (RBI) and additional support from Romania’s National Recovery and Resilience Plan.

CCE, a joint venture between Austrian solar developer Clean Capital Energy and German renewable energy company enernovum, holds permits and network connection approvals for several other projects in Romania. The company plans to begin construction on additional solar projects in 2025. Alexandru Matei Fatu, Managing Director of CCE Romania, stated that the company aims to significantly expand its solar generation capacity in the coming years, further contributing to Romania’s renewable energy sector and sustainability goals.

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