#None #Astronergy #Dama Solar #Rezolv Energy

Astronergy and Rezolv Energy Collaborate on Major Renewable Energy Project in Romania

In an exciting development for renewable energy, Astronergy has entered a partnership with Rezolv Energy to supply high-efficiency solar modules for the Dama Solar project, marking the largest onshore renewable energy initiative within the European Union. Set in western Romania, this ambitious 1.36-GWp solar facility is expected to make a significant impact on the region's energy production landscape.

Project Overview

The Dama Solar power plant will cover an expansive area of over 1,000 hectares and is projected to generate approximately 1,800 GWh of green electricity annually. This output is projected to constitute around 36% of Romania's total solar energy generation by the year 2025. The facility is expected to become operational in the latter half of 2028, contributing to local job creation during its construction phase, with an anticipated peak workforce of around 1,500 people.

Astronergy will deploy its flagship PV module, the ASTRO N7 Pro, specifically designed to deliver exceptional energy yield, reliability, and cost-effectiveness. This innovative module focuses on long-term performance and quality, ensuring stable and dependable electricity production throughout its lifecycle.

Rezolv Energy's Role

Founded in 2022 by Actis, a leading growth market investor in sustainable infrastructure, Rezolv Energy is an independent producer of renewable energy that specializes in the development of large-scale solar and wind projects in Southeast Europe. Romania, with over 23 GW of installed electricity generation capacity—76% derived from clean energy sources—has set ambitious goals regarding renewable energy under its revised National Energy and Climate Plan (NECP). The country aims to increase the share of renewable energy in total final energy consumption to 38.3% by 2030.

The Dama Solar project is designed to play a pivotal role in Romania's decarbonization efforts, with clear benefits for the nation's environmental strategy. The collaboration highlights the comprehensive expertise of the CHINT Group across the renewable energy value chain, where CHINT Green Energy provides EPC (engineering, procurement, and construction) services, while Astronergy supplies the solar modules, and CHINT Power Systems offers inverters. This integrated approach supports the execution of the project from development to implementation.

Environmental Considerations

Beyond energy production, the Dama Solar project is committed to preserving natural habitats. Approximately 82 hectares of the project area will be designated as a nature reserve, contributing to biodiversity conservation and establishing it as one of the largest privately-managed nature reserves integrated into a solar project in Europe.

Ivan Jara Carrasco, Head of Storage and Solar at Rezolv Energy, emphasized the importance of effective coordination among the seven partners involved in the project. He stated, "Our focus is to consolidate their expertise to ensure seamless collaboration across engineering, electrical infrastructure, and module supply during the construction phase. This is a significant endeavor, and we look forward to working closely with all partners to execute it safely and efficiently."

Alastair Hammond, CEO of Rezolv Energy, added that Dama Solar is set to deliver a crucial contribution to Romania's emission reduction efforts and energy supply security. He noted, "Realizing a project of this scale requires a blend of international expertise, strong implementation capabilities, and reliable technology. We are excited to collaborate with partners who possess the necessary experience and knowledge to bring this project to fruition."

A Step Towards a Greener Future

Dr. Chuan Lu, Chairman and CEO of Astronergy, commented, "As Europe accelerates its energy transition, the challenge lies not only in expanding renewable energy capacities but also in making clean energy more reliable and economically viable on a large scale. Dama Solar is a crucial step in this direction, and we take pride in being part of this groundbreaking project with our high-efficiency, quality PV modules, inverters from CHINT Power Systems, and the EPC services from CHINT. By merging advanced solar technology with integrated project execution competencies, we aim to facilitate the efficient development and dependable operation of large-scale renewable energy projects and contribute to a more resilient, sustainable, and low-carbon energy future for Europe."