Israeli power producer Econergy said on Friday, August 14, that it had signed agreements to secure about EUR 229 million (USD 264.2m) in financing for its Parau 2 solar and battery energy storage system (BESS) project in Romania.
Portland Trust, one of the most powerful real estate developers in Romania, sold the largest photovoltaic park under development in the country, with an authorized capacity of 153 MW and a total area of more than 165 hectares in Baltesti, Arges, to Econergy and Nofar Energy.