Unisun connects 19.6 MW of PV power to the Romanian grid
Post date: 09/01/2014
Chinese solar project developer Wuxi Unisun Technical Co. Ltd. has successfully connected three PV power plants in Romania totaling 19.6 MW. Unisun owns the three projects along with co-investor Zhejiang International Trade New Energy Investment, and Unisun Energy GmbH, Unisun’s Germany-based subsidiary, acted as EPC contractor for the plants. Unisun’s Romanian division will be responsible for selling the green certificates (GC) generated by the plants and for operating and maintaining the solar parks. Unisun estimates that the three plants, located in Dej, Setra and Clue, will generate up to €8 million ($10.9 million) in electricity and subsidy revenues annually. Unisun is a member of Wuxi Guolian Development Group, the investment arm of the government of Wuxi, Jiangsu Province, China, the city in which Unisun is headquartered.
The three projects will receive six GCs for each megawatt-hour of electricity they generate, four of which can be sold immediately. The remaining two cannot be sold until January 2017 due to changes to Romania’s renewable energy incentive scheme that came into effect on July 1, 2013. GCs currently have a regulated floor and ceiling price of €28.8 and €58.8, respectively. Romania recently approved a law to halve the number of GCs granted to new PV projects from six to three.
Romania had 553 MW of installed PV capacity at the end of September, according to data from the Romanian National Energy Regulatory Authority (ANRE). This means that over 500 MW of new PV capacity was installed in Romania in the first 9 months of 2013. At the end of 2012, Romania had just 49.3 MW of an installed PV power.