2022: Photovoltaic projects in Romania and the USA – new terrain for PNE AG

The sale of two photovoltaic projects in Romania and the USA marked an important step on the company’s ongoing strategic development journey. 

These two sales symbolise the transformation of PNE AG into a comprehensive provider of solutions in the field of renewable energies. They represent the first photovoltaic projects to be sold as part of the broader strategy 
– a clear sign that the path taken is successful. The completion of these two transactions is a milestone in the ongoing development of the business model. Besides wind energy, PNE AG was also active in the field of photovoltaics in seven countries at the time – with projects involving more than 1,000 MWp.  

The experience from Romania and the USA shows that progress is achieved where expertise, commitment and the willingness to break new ground come together. 

The Romanian project in Oradea, with an output of around 81 MWp, was made ready for construction before being handed over to Econergy International Ltd. from Israel, which then took over. 

A major project was also brought to fruition in the USA, where a 199 MWp project changed hands in Utah. The development was still in its early stages, but the prospects were considered promising. The possibility of expansion had been raised, with the potential to create one of the state’s larger PV power plants.