The photovoltaic park in Rătești-Argeș will be inaugurated at the end of this month

by   CIJ News iDesk V
2023-10-25   10:47

The photovoltaic park at Rătești in Argeș county, owned by two Israeli companies, will be officially inaugurated on 31 October. Expected to open this year, the Rătești photovoltaic park is also the largest renewable energy investment to start operating in Romania in 2023. The photovoltaic park has a capacity of 153 MW.

According to the description of the Romanian Photovoltaic Energy Association, Rătești will also be the largest photovoltaic park in South-East Europe when it starts operating. The total investment in the project was estimated at around EUR 98 million at the start of the project, but this may have increased in the meantime.

The park was eventually developed by two Israeli companies, Econery and Nofar. The first investor to start developing the project was Portland Trust. In 2020 it obtained the ATR from Transelectrica for the park and the following year put the project up for sale.