CE Oltenia to achieve decarbonisation targets by developing four photovoltaic parks

Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, Romania Insider reads.

The plan is currently under review by experts who complete the feasibility study.

The PV parks will have a combined peak power of 310MW and will stretch over a total area of 600 hectares. The average annual capacity utilisation ratio should be at least 15%, CE Oltenia expects, and the lifetime of each PV park must be at least 20 years, with a maximum efficiency reduction of maximum 20% at the end of this period.

The management of the company hopes to finance the PV parks under the European Commission’s decarbonisation plan.