Best solar power projects contractor with Photon Mills: To facilitate the shift towards renewable energy, Romanians have access to funding through several programs, including the National Recovery and Resilience Plan, the Modernization Fund managed by the Ministry of Energy, and Repower EU managed by the Ministry of Investments and European Funds. Among these, the “Green House” program has been particularly popular, offering substantial grants for solar panel installations. Despite this aid, many individuals still face the necessity of initial full payments, with expert projections indicating a return-on-investment period of approximately 4-5 years. See more info on EU turn key solar power parks contractor and discover the big investing opportunities in Romania’s solar power market.
Invest in ready to build turn key solar power stations in the European Union! Photon Mills is offering solar power stations in the sunny south of Romania. It includes land, permits and grid connections. Start of electricity production one month after start of construction. Start of electricity production one (25 MW photovoltaic power station) or two months (290 MW photovoltaic power plant) after the start of construction.
Photon Mills offers a wide range of services throughout a project’s life cycle: from production and site design optimization to operations and maintenance. Our refined services and processes provide an exceptional experience and enough flexibility to customize your solar project. We provide complete solar energy solutions and deliver high-quality, cutting-edge solar projects on time and on budget. Photon Mills, powered by industry leading experts, top engineers and marketing representatives has been trusted to build many solar projects in Romania.
Photon Mills is an expert in the development, planning and turnkey construction of solar parks. We are passionate about realising solar projects in Romania and manage the entire process from planning to commissioning of the plant. Our expertise ranges from site selection and technical implementation to the operational management of the PV plants. The maximum return on your investment and the continuous guarantee of high yields are always our focus.
The cumulative solar capacity within the European Union (EU) has reached 263 Gigawatts (GW) in 2023, marking a 27% increase from the previous year’s total of 207 GW, as per the data provided in the European Market Outlook for Solar Power 2023-2027 by SolarPower Europe. This substantial growth is attributed primarily to the residual effects of the energy crisis and a backlog of installations from 2022, with activity tapering off towards the latter part of the year. The report projects a slowdown in the growth rate to 11% in 2024, anticipating an addition of 62 GW of new solar power capacity across Europe. Discover more information at photonmills.com.
Romania is located in an area with high solar potential, with 210 sunny days per year and an annual solar energy flux ranging from 1,000 to 1,300 kWh/m2/year. From this total, 600 to 800 kWh/m2/year is technically feasible. The Black Sea coast, Northern Dobruja, and Oltenia are Romania’s most important solar regions, with an average of 1,600 kWh/m2/year. By the end of 2023, the installed capacity of solar photovoltaic in Romania was 1,894 MW. Romania intends to add 7 GW of new renewable power capacity by 2030, with solar accounting for more than 3.7 GW of that total. Overall, renewables would account for 34% of the country’s energy consumption by the end of the decade.
With the ESG standard from Photon Mills, your solar park becomes an eligible green investment. To achieve this, environmental, social and governance standards must be met throughout the entire value chain. So decide early on in the process whether your ground-mounted photovoltaic systems should be audited according to the Photon Mills ESG standard and thus become an eligible green investment. Benefit from maximum yields thanks to our long-standing experience in planning solar systems.
