Rezolv Energy secures €561 million for 1.3 GWp solar project in Romania
Rezolv Energy, through its project subsidiary West Power Investments, has signed up for a €561 million project financing package for the 1.3 GWp Dama Solar project in Arad County, western Romania. It is expected to generate around 1,800 GWh of renewable electricity annually. The project is scheduled to begin commercial operations in 2028. The project is supported by two contracts for difference (CfDs) awarded in Romania’s second CfD auction, covering 520 MW of the project’s capacity, along with a corporate Power Purchase Agreement (PPA).
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