OMV Petrom teams up to build four solar energy parks in Romania

The plan will cost around 400 million euros ($391.76 million), mostly from European Union funds, and the parks will have a combined installed capacity of around 450 MW, said Petrom, which is majority-controlled by Austria’s OMV. Romania has committed to phasing out coal by 2032 and replacing it with gas, nuclear and renewable energy.

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