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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. 

 

 

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Tel Aviv-listed Nofar Energy builds largest PV park in Romania

Nofar Energy, a company listed on the Tel Aviv Stock Exchange (TASE), announced it took over a photovoltaic park in Iepurești, Giurgiu County, with a capacity of 169 MWp. The project will most likely be expanded to 400 MWp, depending on the technical conditions of the national energy system network.

"Probably the largest investment in renewable energy near Bucharest and in Romania," said Favi Stelian, CEO of Nofar Energy Romania, adding that Nofar will continue to operate all power plants after constructing the projects in its portfolio, Economica.net reported.

The company also owns with Ecoenergy the park from Rătești, the largest photovoltaic park under construction in Romania so far, which is expected to be connected to the grid this year.

"Even if we entered the Romanian market in 2021, we already purchased last year - together with a partner - the 155 MWp Rătești photovoltaic project, a project for which the construction started. Currently, it is the largest photovoltaic project, but the Iepurești project will become number 1 once completed. In 2023 we will deliver energy from Rătești, and in 2024 from Iepurești. Thus, we will become one of the most important suppliers of green energy," Favi Stelian added.

andrei@romania-insider.com

(Photo source: Stangot/Dreamstime.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. 

 

 

The Capital Markets News section is powered by the Bucharest Stock Exchange 

 

BSE

 

 

Tel Aviv-listed Nofar Energy builds largest PV park in Romania

Nofar Energy, a company listed on the Tel Aviv Stock Exchange (TASE), announced it took over a photovoltaic park in Iepurești, Giurgiu County, with a capacity of 169 MWp. The project will most likely be expanded to 400 MWp, depending on the technical conditions of the national energy system network.

"Probably the largest investment in renewable energy near Bucharest and in Romania," said Favi Stelian, CEO of Nofar Energy Romania, adding that Nofar will continue to operate all power plants after constructing the projects in its portfolio, Economica.net reported.

The company also owns with Ecoenergy the park from Rătești, the largest photovoltaic park under construction in Romania so far, which is expected to be connected to the grid this year.

"Even if we entered the Romanian market in 2021, we already purchased last year - together with a partner - the 155 MWp Rătești photovoltaic project, a project for which the construction started. Currently, it is the largest photovoltaic project, but the Iepurești project will become number 1 once completed. In 2023 we will deliver energy from Rătești, and in 2024 from Iepurești. Thus, we will become one of the most important suppliers of green energy," Favi Stelian added.

andrei@romania-insider.com

(Photo source: Stangot/Dreamstime.com)

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