CWP Europe acquires 134-MW solar project in Romania

Southeast Europe-focused renewables developer CWP Europe announced on Friday the acquisition of the 134-MW Studina solar project in Romania for an undisclosed amount.

The company said in a statement it expects to begin construction work on this project this year and to have it up and running by the end of 2024. Upon completion, the solar park will be able to produce enough power to meet the annual consumption of about 115,000 homes.

Founded in 2006, CWP Europe is the developer of the 600-MW Fantanele Cogealac wind farm in Romania, which is the largest such facility in all of Europe. The company has a 6-GW-plus pipeline of utility-scale wind, solar and battery storage projects in Southeast Europe. Beyond Romania, it has developments in Serbia, Bulgaria, Albania, Moldova, Montenegro, Ukraine and Bosnia and Herzegovina.

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