The contract, valued at over RON 39 million (excluding VAT), equivalent to €7.85 million, includes the full engineering, procurement, and construction of the 10 MW floating solar installation. This project is expected to deliver an estimated annual output of 13.4 GWh.
The implementation timeline is set at 14 months, comprising four months for technical design and 10 months for construction and commissioning. Waldevar Energy will provide a turnkey solution, encompassing equipment procurement, modular floating structures adapted to aquatic environments, an optimized electrical configuration, and seamless grid integration.
Kàroly Borbély, CEO of Hidroelectrica, said this invstment marks the company's first FPV initiative and a major step toward diversifying its energy portfolio.
Alessandro Amato, CEO of Waldevar Floating PV Systems, added the project is a breakthrough in integrating hydropower and solar energy, unlocking Romania's solar potential in hydropower basins.
With this project, Hidroelectrica aims to increase renewable energy generation, enhance the use of water surfaces, and create scalable models for other hydropower sites across Romania.
