Visual Fan Initiates €20M Solar Project in Turda, Romania
Visual Fan, through Allview Energy, is investing €20 million in a 51 MW solar power plant in Turda. The project includes full EPC services and a 20/110 kV substation, enhancing Romania's energy infrastructure.
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Visual Fan (ALW) has contracted with RES INVEST SOUTH EAST EUROPE for a 50.9 MW photovoltaic power plant in Turda, totaling approximately €20 million. The partnership includes an EPC contract for construction and a secondary contract for a 20/110 kV substation essential for integrating energy into the national grid.
ALW shares rose 13% prior to the project's announcement, reflecting a 35% price increase since the year's start. The company reported Q1 2026 revenues of 91 million lei, significantly up from the previous year, with a net profit of nearly 7 million lei. This project marks a strategic expansion for Allview Energy in high-voltage infrastructure and energy storage systems.
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