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Romania's EnergoBit to build 995.5 kWp PV plant for Terapia

Jun 14, 2024, 4:56:06 PMArticle by Alexandru Cristea
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June 14 (SeeNews) - Romanian energy services provider and renewables developer EnergoBit has begun the construction of a 995.5 kWp photovoltaic (PV) plant at the production plant of local drug maker Terapia in the northwestern city of Cluj-Napoca, Terapia said on Friday.

Romania's EnergoBit to build 995.5 kWp PV plant for Terapia
Photo by Zbynek Burival on Unsplash

The PV park will comprise 1,810 solar panels and will generate over 24,198.8 MWh of green energy over the next twenty years, reducing carbon dioxide emissions by 746.8 tonnes equivalent annually, Terapia said in a social media post.

The Cluj-Napoca based pharmaceuticals manufacturer has been a subsidiary of India's Sun Pharma since 2015. In 2023, Terapia booked a profit of 299.4 million lei ($64.3 million/60.2 million euro) on a net turnover of 1.259 billion lei, according to data from the finance ministry.

EnergoBit was established in 1990. According to finance ministry data, EnergoBit posted a net profit of 43.5 million lei on a net turnover of 402.7 million lei in 2023.

(1 euro = 4.9771 lei)

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