Electrica and Liberty Galați Sign MoU for 500 MW Renewable Energy Projects
Electrica signed a Memorandum of Understanding with Liberty Galați on February 24 for developing renewable energy capacities, primarily photovoltaic, with an installed capacity of up to 500 MW. The agreement focuses on ensuring electricity supply and establishing green energy production and storage capacities at Liberty's site in Galați, aiming to maximize self-consumption. Final partnership details will be finalized post-feasibility studies.
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Electrica has signed a Memorandum of Understanding with Liberty Galați to develop renewable energy projects with a capacity of up to 500 MW. The agreement includes the provision of electricity to maintain operational continuity and the construction of green energy production facilities within the steel plant.
The projects will be located on land owned by Liberty Galați. Final details will be confirmed after feasibility studies are completed. This partnership aims to initiate energy production, contrasting with past initiatives like 'Hydrogen Valley', which lacked investment.
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