Romania’s First Solar Panel Factory

KBK Kraft Projekt is set to establish Romania’s first photovoltaic panel factory in Sfântu Gheorghe, Covasna County, marking a significant milestone for the country’s renewable energy sector. The company recently signed a contract with the Ministry of Energy to secure €19.3 million in financing from the National Resilience and Recovery Fund (PNRR), which aims to support projects that enhance Romania’s green energy capabilities.

Founded in 2018, KBK Kraft Projekt is a construction firm based in Brașov. Its annual turnover exceeds 11 million lei.

Establishing this factory not only represents a step towards increasing Romania’s renewable energy production but also aims to create approximately 1,000 jobs in the region. This aligns with the broader goals of the PNRR, which seeks to bolster Romania’s energy independence and reduce reliance on fossil fuels.

The Ministry of Energy has also signed contracts for two other projects to develop energy storage batteries in conjunction with this initiative. One contract was awarded to Energetic Company Electrica S.A., which will focus on building electric energy storage capacity and related infrastructure, with state aid valued at 16.8 million RON for a capacity of 69.93 MWh. The second project involves Renovatio Trading SRL, which will develop battery storage in Toplița, Harghita County, with state aid amounting to 15.1 million RON for a capacity of 60.96 MWh.

The launch of Romania’s first solar panel factory by KBK Kraft Projekt signifies a pivotal advancement in the country’s renewable energy landscape. With substantial financial backing from the PNRR and additional projects underway for energy storage development, Romania is positioning itself as a critical player in the transition towards sustainable energy solutions.

Recently, PRIME Batteries and Simtel, both Romanian companies, made history by placing the first renewable energy system based on solar panels in Mount Athos for a Romanian hermitage. This is additional proof that Romanian companies in the energy sector are already thinking renewable.