Hidroelectrica announces the signing of the contract with WALDEVAR Energy for the floating photovoltaic panel system – pilot project Nufărul, in Olt County. The contract has a value of 39.2 million lei excluding VAT, with a completion period of 14 months (4 months for design and 10 months for execution).

The photovoltaic system consists of 620 Wp photovoltaic panels, 100 kW inverters, total installed power in panels of 10 MW and energy produced of approximately 13.4 GWh/year.

“This is the first floating photovoltaic panel system project for Hidroelectrica and represents a success in our efforts to develop the area of innovation and diversification of production. I would like to take this opportunity to congratulate the team members who contributed to the development of this project and wish them success in the implementation process.”, declared Kàroly Borbèly, CEO of Hidroelectrica.

“The Nufărul pilot project, the largest of its kind in the European Union, represents a functional and efficient integration between hydroelectric and photovoltaic energy. It is a first concrete step towards capitalizing on the significant photovoltaic potential of the hydroelectric basins in Romania. WALDEVAR Energy will implement this visionary initiative promoted by Hidroelectrica, using the most advanced technologies available and confirming, once again, its capabilities in terms of innovation and leadership in the photovoltaic field.”, declared Alessandro Amato, CEO of WALDEVAR Floating PV Systems.

This investment marks a premiere for the company, being the first floating photovoltaic panel system project implemented by Hidroelectrica.

Hidroelectrica is the largest green energy producer in Romania and provides essential technological services for the National Energy System. The company operates 188 plants with a hydropower capacity of 6.4 GW and – in addition, it owns a wind farm at Crucea, with an installed capacity of 108 MW.