Grasshopper plans to build 1 GW PV plants in Romania
Post date: 26/11/2021 - 09:27
Canadian solar company Grasshopper Energy Corp. has signed an agreement with the Romanian/Moldovan noble Sturdza family to develop, build and operate solar projects in Romania with a capacity of up to one gigawatt. The investment volume through 2030 is reportedly about $1 billion.
The Romanian government aims to increase installed renewable energy capacity by 7 GW by 2030. Renewables are then expected to cover 30.7 percent of total electricity demand.
Grasshopper Energy says it owns $1.8 billion in renewable energy assets and has a global development pipeline worth $6.5 billion.