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Sunshine over Southeast

Regional info/economyPosted by Uvner Business Consulting Tue, November 20, 2012 20:23:57

According to a new Report of EPIA, Photovoltaic (PV) technology has shown an impressive resilience to harsh market conditions during 2011 and 2012, outperforming all growth forecasts. Moreover experts are identifying Southeast Europe as ‘remarkable new markets’ leading to a green building boom in the Region.

A country in the region that has one of the highest Photovoltaic growth potential in all of Europe, Romania, has been named one of the next target countries for the PV energy sectors. PV plants that will be connected to the national power system are estimated to produce as much power as the two reactors from the Cernavoda nuclear plant.

According to the statistics published by Transelectrica in Romania there are 51 companies that initiate projects for solar panels installation. The investment in these projects rises up to 500 million euro and the total installed capacity will be of 210,3 MW. In 2012 there will be in fully functional stage 14 such photovoltaic systems that convert sunlight into electricity: 4 in Prahova, 2 in Dolj, Olt and Timis, one in
Braila, Botosani, Gorj and Dambovita. These installed solar panels will produce together 61 MW.

To support the development of the renewable energy market in Romania, the biggest energy trade fair of Romania, RENEXPO® SOUTH-EAST EUROPE, is organized this week in Bucharest.

Many conferences and trade fairs on this theme will follow in the region. One of the biggest you shouldn’t miss if you are in the PV trade is the SEE Solar – South-East European Solar PV & Thermal Exhibition, which will take place in Sofia Inter Expo Center 29-31 May 2013.

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