22 Dec OMV Petrom and CE Oltenia begin construction of solar parks in Romania
(Oilandgaspress) OMV Petrom together with Complexul Energetic Oltenia (CE Oltenia), announced the photovoltaic projects have entered into the construction phase.
Located in Ișalnița, Tismana, and Rovinari, the parks will have a total installed capacity of approximately 550 MW.
The four parks are expected to become operational in 2026.
The total investment value for the four photovoltaic parks is over EUR 400 million, with approximately 70% financed through the Modernisation Fund. The first tranche of this financing, in amount of approximately EUR 16 million, was received in December 2025.
OMV Petrom and CE Oltenia are equal partners in the projects, each holding a 50% stake.
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