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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Muntmark's Monsson group to build 1GWp PV park in Romania by end-2024

West Power Investments, a company owned by businessman Emanuel Muntmark through its Monsson group - the largest developer of green energy projects in Romania, obtained the technical approval for connection to the grid for a solar park of 1,044 MWp, in Arad county.

This is 2.5 times larger than the 400 MWp park announced recently by Nofar Energy, a company listed on the Tel Aviv Stock Exchange, to be developed in Giurgiu county. Nofar's PV park (169 MWp currently) is designed to be expanded to 400 MWp, depending on the technical conditions of the national power grid.

The largest PV park currently in operation in Romania has a capacity of 60 MWp, while the largest wind farm (also the work of Muntmark) has a power of 260 MWp.

The estimated date for commissioning the 1,044MWp park is the end of 2024, and if the investment is completed, it could amount to EUR 600 mln, Ziarul Financiar reported.

At a capacity of 1,044 MWp, the solar park would require an area of ​​at least 2,400 hectares.

"Monsson aims to develop by 2030 green energy capacities in the total amount of over 3,500 MW that, besides other projects, will make Romania energy-independent as soon as possible," Monsson representatives stated.

andrei@romania-insider.com

(Photo source: Pixabay.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Muntmark's Monsson group to build 1GWp PV park in Romania by end-2024

West Power Investments, a company owned by businessman Emanuel Muntmark through its Monsson group - the largest developer of green energy projects in Romania, obtained the technical approval for connection to the grid for a solar park of 1,044 MWp, in Arad county.

This is 2.5 times larger than the 400 MWp park announced recently by Nofar Energy, a company listed on the Tel Aviv Stock Exchange, to be developed in Giurgiu county. Nofar's PV park (169 MWp currently) is designed to be expanded to 400 MWp, depending on the technical conditions of the national power grid.

The largest PV park currently in operation in Romania has a capacity of 60 MWp, while the largest wind farm (also the work of Muntmark) has a power of 260 MWp.

The estimated date for commissioning the 1,044MWp park is the end of 2024, and if the investment is completed, it could amount to EUR 600 mln, Ziarul Financiar reported.

At a capacity of 1,044 MWp, the solar park would require an area of ​​at least 2,400 hectares.

"Monsson aims to develop by 2030 green energy capacities in the total amount of over 3,500 MW that, besides other projects, will make Romania energy-independent as soon as possible," Monsson representatives stated.

andrei@romania-insider.com

(Photo source: Pixabay.com)

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