Nofar Energy Romania Adding 256 MW PV Project to Its Portfolio

Nofar Energy Romania adds a substantial 256 MW photovoltaic project to its portfolio, Corbii Mari – Dambovita County. Developed in collaboration with the Portland Trust team, this project marks a significant step towards a greener future and sustainability.

Thus, Nofar Energy is contributing to the new era of clean, renewable energy. This achievement underscores the company’s commitment to advancing sustainability initiatives and fostering a greener environment for generations to come.

Also, a remarkable milestone is on the horizon: 1 GW of solar projects in Nofar’s portfolio is drawing closer and closer.

Nofar is a global leader in renewable energy investments. Since 2020, Nofar has been a publicly traded company at the (TASE: NOFR). For the last 12 years, Nofar has been growing rapidly and consistently, with an extensive portfolio of projects and subsidiaries across nine territories, 200 employees worldwide, and major renewable energy and energy storage projects.

Nofar’s main goal is to help the world reach zero emissions by 2050 through green and clean renewable energy – replacing old, expensive, and polluting energies.

We remind that at the end of October 2023, the Israeli companies Nofar Energy and Econergy officially inaugurated the largest photovoltaic park in Romania and South-East Europe – Ratesti solar project.

The project has a capacity of 155 MW and represents an investment of EUR 102 million. It will provide green electricity to around 100,000 households, contributing to a significant reduction in CO2 emissions, estimated at 168,000 tons annually.