€ 76 million will be invested in 50 MW PV project in Romania
Lightway Solar, a Chinese producer, has been approved in developing a 50 MW photovoltaic sites in Prundu, Romania. The project rises to € 76 million.
China Development and Reform Commission agreed with this project thus giving a boost to the solar energy harvest in Romania.
Regarding to the NDRC’s statement, the project’s cost will reach the amount of RMB 610 million, the equivalent of € 76 million.
The project has not been acquired yet. The parts of interest are still negotiating. As evidence, there hasn’t been any confirmed purchase, fact declared by a Lighway Solar spokesperson.
“We are now starting the first move in Romania where the government has introduced a series of PV policies. Lightway will cooperate with our end investors to win the support; also in Germany, our team will further upgrade for an intensified European PV market competition, including distributed generation market”, are the words of Wei Zhen, general manager of Lightway Deutschland GmbH, unraveling their European strategy.
Roxana Moraru