Brief: Photon Energy Begins Construction Of Its Second Romanian PV Power Plant

Photon Energy NV

13/07/2022 06:48

July 13 (Reuters) - Photon Energy NV  PENP.WA :
    * IT HAS BROKEN GROUND ON CONSTRUCTION OF ITS SECOND
ROMANIAN PV
POWER PLANT, WHICH WILL HAVE A GENERATION CAPACITY OF 4.7 MWP
    * BIFACIAL SOLAR MODULES MOUNTED ON SINGLE-AXIS TRACKERS
WILL
DELIVER AROUND 6.8 GWH OF RENEWABLE ENERGY ANNUALLY TO GRID OF
DISTRIBUȚIE ENERGIE ELECTRICA ROMANIA
    * IT WILL BE SOLD ON ENERGY MARKET ON A MERCHANT BASIS,
WITHOUT
ANY SUPPORT OR A POWER PURCHASE AGREEMENT WITH AN ENERGY
OFFTAKER
    * NEW POWER PLANT IS SCHEDULED TO COMMENCE OPERATIONS IN Q4
OF
2022

Source text for Eikon:  ID:nEM4zCPSXa 
Further company coverage:  PENP.WA 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))