Pavăl brothers establish Grunman Energy company and want 400 MW solar projects

by   CIJ News iDesk V
2022-07-21   08:41

Pavăl Holding, the company of brothers Adrian and Dragoş Pavăl, recently founded the company Grunman Energy, which will produce electricity through photovoltaic plants installed on the roofs of the seven Dedeman logistics centers in the country. In the first phase of the project, the installed capacity will be 35 MW, but in the medium and long term, the goal is to reach a total installed capacity of over 400 MW. At today's costs, the value of the solar portfolio targeted by the Pavăl brothers is about EUR 250 million.

The Paval brothers' movement comes at an extremely hot time in the green energy market. With large supply chains under unprecedented tension and the EU's pursuit of green energy as the only solution to a rapid exit from the conventional zone, the development of new solar investments is becoming difficult in the context in which most panels come from China.