Nofar Energy inks deal for 265 MW solar power plant near Bucharest

The operator of the biggest solar power plant in Romania is about to start building a much bigger facility. Nofar Energy signed a turnkey contract including operation and management for a 265 MW system in Corbii Mari in Dâmboviţa County.

Just west of Bucharest, one of the largest photovoltaic projects in Romania is nearing materialization. A consortium of COX Energy from Spain and domestic firm AJ Construction, part of AJ Brand, is the designated contractor and operator for a proposed 265 MW solar power plant in Corbii Mari. A multijurisdictional team of Clifford Chance lawyers, coordinated by its Bucharest office, advised Nofar Energy, the developer, and revealed the news.

The small commune is in Dâmboviţa county. The Israeli company acquired the project in late 2023.

The Clifford Chance Badea law office said the Corbii Mari endeavor is the fourth engineering, procurement and construction (EPC) and operation and maintenance (O&M) contract in which it assists Nofar Energy. The overall collaboration concerns renewable energy projects in Romania for over 650 MW, it added.

Nofar recently said is meeting the timelines for its key projects in the country including Ghimpați (146 MW) and Iepurești (169 MW) and Slobozia, of 74 MW. The last of the three won government support through a contract for difference (CfD) at the country’s first auction. The Israeli company added that it has a project portfolio of 970 MW and 120 MWh. The latter item apparently concerns battery storage.

In addition, Nofar Energy said last month that it connected to the electricity grid its solar park in Ada, the largest such system in neighboring Serbia.