Photon Energy N.V. and Hyperion Renewables announced the signing of a contract for a 34 MW solar photovoltaic project in Săliște, Romania.
The project was developed by Hyperion, which currently has a portfolio of greenfield solar projects of over 500 MW. Under the terms of the contract, Photon Energy will be responsible for the design, technology acquisition and construction of the facility. Both companies are collaborating to add an additional 4 MW of installed capacity, which will increase the total size of the project to 38 MW.
Construction is scheduled to begin in the third quarter of 2025, with commercial commissioning expected in the third quarter of 2026.
The project is expected to create approximately 35 to 50 local jobs over its life cycle, contributing to regional economic development.