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SOLAR PARK – ROMANIA
Photovoltaic Project
Stage : Ready to Build6,174 MWp
November 2013
EXPERT GROUP CONSULTING
Ready to build project Term Sheet signed and Contract negotiation
on-going with EPC co. for plant construction Contract signed for underground medium
voltage line Contract for Grid Connection signed in 2013 Surveillance (“Dispecerizare”) required by
Transelectrica: calendar and very low cost secure
The project is located in the south part of Romania, in an area with a high solar irradiation potential, 70 km North from Bucharest, near Targoviste City (2 km from the City), in an industrial area, near a large modernized Transelectrica station (aprox. 1,5 Km);
Excellent road infrastructure for construction and general access to the Park.
The area is not crowded and suitable for solar PV developments not having influence by wind parks, with a very good stability of the grid;
The land was removed from the agricultural circuit, and is now located in intra muros area - according to the new requirements of the legislation.
The total surface of the land is 12 ha and is owned by the company.
ATR obtained from Transelectrica on April 25th 2013 Building Authorizations:
◦ For Park construction obtained on May 31st 2013 ◦ For Transelectrica Station and Underground Medium voltage Line obtained on June
6th 2013
ANRE: ◦ Set-up Authorization: Approved by ANRE on May 31st 2013
Legal Due Diligence Report issued by a very reputable law firm: available.
Transelectrica – Grid Connection Contract– signed
The connection to the Grid made directly to Station 20kV Electrica Targoviste owned by Transelectrica.
To execute the Grid Connection was necessary: ◦ To install one cell (20kV) in Station Electrica Targoviste ◦ To construct the underground medium voltage cables approx. 1,5 km in
length * ◦ To construct underground optic fiber for Transelectrica surveillance
(dispecerizare) *
Installed capacity: 6,174 MWp Total energy production: 8,390 MWh/a Energy Yield: 1360 kWh/kWp Capacity factor: 15,5% Technical Project and Detailed Design in
compliance with Romanian legislation : finalized.
Negotiations for taking over all the company shares for a very attractive price : 120,000 €/Mwp;
Legal asistance during negociation process and up to the completed transaction status;
Legal due diligence report on Solar Park Project;
Briefing on the legal framework governing the development of photovoltaic projects in ROMANIA, including authorization process;
Legal assistance regarding EU legislation on green energy production and its benefits;
Liliana TodirasProject Manager
P: +4 0722 378 457F : +4 0233 220 402
84 Traian Blvd. Neamt CountyPiatra Neamt 610142 [email protected]@tanasasiasociatii.ro
