Hybrid energy complex: 917.6 MW of wind power generation, 508.5 MW of photovoltaic power and 1,024 MW of hydroelectric power Romania

Transaction Type: Equity Partnership / Direct Acquisition

Status: Open for investor participation

Process Stage: ATR obtained, project ready for investment structuring and pre‑construction phase

Next Milestones:

• Completion of technical documentation and permits (2026–2027)
• Construction start (2027)
• Progressive commissioning (2029–2031)

Investment Options:

• Equity Partner: Co‑development and financing from Ready‑to‑Build to COD
  
• Direct Acquisition: Purchase of the asset through a binding offer, subject to satisfactory due diligence

Contact: PVLAND Investment Desk – info@pvland.eu

Technology: Wind, Solar PV, Hydro Pumped Storage

Total Installed Capacity: 2,450.1 MW

Wind Capacity: 917.6 MW

Solar PV Capacity: 508.5 MWp

Hydro Pumped Storage Capacity: 1,024 MW

Location: Romania

Other Details: The project has obtained the Technical Connection Approval (ATR), confirming grid connection feasibility. Construction works are expected to start in 2027, with progressive commissioning between 2029 and 2031. The hybrid configuration ensures continuous renewable generation supported by large‑scale storage and grid balancing capabilities.

Technology: Utility‑scale Solar Photovoltaic

Installed Capacity: 508.5 MWp

PV Modules: TR78M – 575 W Mono‑facial

Number of Modules: 1,176,470 units

Inverters: Siemens SINACON PV – Central Inverters

Number of Inverters: 113

DC/AC Ratio: Optimized for high‑efficiency conversion and stable grid interaction

Layout: Fixed‑tilt configuration designed for maximum annual yield

Expected Annual Generation: > 1,050 GWh/year (PV contribution within hybrid system)

Technology: Wind Power

Installed Capacity: 917.6 MW

Turbine Model: Vestas V162‑6.2 MW

Units: 148

Wind Resource: 8.7 m/s average wind speed; 992 W/m² mean power density

Design Highlights:

• High‑efficiency turbines optimized for variable wind conditions
• Advanced control systems for maximum yield
• Fully integrated with hybrid operation and grid support

Grid Compliance: 

• Meets ATR requirements including FRT, reactive power control, AGC and PMU integration.

Technology: Pumped‑Storage Hydropower

Installed Capacity: 1,024 MW

Configuration: Two‑reservoir pumped‑storage system

Turbines: Reversible Francis units

Cycle Efficiency: ~80%

Design Highlights:

• Large‑scale storage enabling continuous renewable dispatch
• Fast response for grid balancing and peak‑shaving
• Integrated with wind and solar generation to reduce curtailment
• Provides frequency regulation and system stability

Grid Compliance:

• Fully aligned with ATR requirements, including integration with SCADA, AGC and PMU systems.
  

Status: Advanced permitting stage

Land Area: 1,080.64 hectares (concession granted)

Technical Studies Completed: Geological, topographical, geophysical, hydrological, pedological and agro‑chemical

Urban Planning: Urbanistic certificate obtained

Environmental Permitting: Full documentation submitted; final environmental permit under evaluation

Sectoral Approvals: Preliminary permits issued for environment, infrastructure, heritage, telecommunications, water resources, civil protection and agricultural land use

Grid Connection Study: Completed and approved (ATR)

Next Steps: Final environmental permit issuance and completion of detailed engineering documentation

Grid Approval: Technical Connection Approval (ATR) obtained

Voltage Level: 400 kV

Main Substation: New 400 kV station with double busbar configuration

Transmission Lines: Two 400 kV double‑circuit lines (~33 km each)

Communication Systems: Fiber‑optic and PLC teleprotection

Grid Integration:

• SCADA/EMS full integration
• AGC (Automatic Generation Control)
• PMU (Phasor Measurement Units)

Evacuation Capacity: 2,181.6 MW approved

Compliance: Fully aligned with NTI and national transmission operator requirements

Land Area: 1,080.64 hectares

Land Status: Concession granted

Legal Framework: Fully compliant with national land‑use and territorial planning regulations

Documentation:

• Urbanistic certificate obtained
• Land‑use approvals from relevant authorities
• All required topographic, geologic and geophysical studies completed

Access & Easements: Rights of way secured for internal roads, transmission corridors and infrastructure

Next Steps: Finalization of construction easements and detailed engineering layouts

Total CAPEX: €2.745 billion (three‑phase execution)

Phase 1 (2027–2029): €1.140 billion

Phase 2 (2028–2030): €1.020 billion

Phase 3 (2029–2031): €585 million

OPEX: Optimized hybrid operational costs supported by 24/7 technical service, centralized monitoring, and integrated maintenance across wind, solar and pumped‑storage systems.

Financial Notes:

• ATR tariff and grid connection costs included
• Pumped‑storage system reduces curtailment and increases revenue stability
• Hybrid configuration improves long‑term yield and lowers volatility
  

Hybrid Operation:

The combined wind, solar and pumped‑storage configuration ensures continuous renewable generation, reduced curtailment and enhanced grid stability.

System Flexibility:

The pumped‑storage plant provides fast‑response balancing, peak‑shaving and long‑duration storage, enabling reliable dispatch even under variable weather conditions.

Environmental Impact:

The project is expected to reduce CO₂ emissions by at least 640,000 tons per year once fully operational.

Operational Management:

24/7 monitoring and technical support through a centralized control center, integrating all generation technologies and grid‑support systems.

Regulatory Alignment:

Fully compliant with EU climate and energy frameworks, including Fit for 55, renewable integration standards and storage infrastructure regulations.