Romania turn key solar power parks contractor 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. Find extra information on Romania solar power projects services and discover the great 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. See more information on https://photonmills.com/.
In 2023, the nation added 624 MW of power generation capacity. Solar energy made up the largest chunk of Romania’s new power production capacity with the addition of 496 MW. Apart from solar, 72 MW of capacity was added with wind turbines, while hydrocarbon technology contributed another 56 MW. With this, the cumulative installed renewable energy capacity of Romania reached 11,682 MW. Renewable energy investments are gaining momentum in Romania, bolstered by the government’s improved financial standing for supporting such projects. With access to EUR 16 billion in grants from the European Union’s Modernisation Fund, the government is well-positioned to finance various renewable energy initiatives.
The plant construction is carried out in cooperation with certified partner companies. Our construction managers ensure that the progress is on schedule by monitoring on site. Photon Mills takes care of each individual project and construction phase of the solar park: the pile driving of the steel profiles, the erection of the substructure, as well as the civil engineering and the subsequent electrical installation. In the process, we also find an optimal solution for a wide variety of soil conditions to ensure the stability and yield of your solar park.