Tuesday, May 28, 2024
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Two companies withdraw from Romanian PV tender following EU’s investigation

Energy companies and suppliers ENEVO (which includes LONGi Solar Technologie), Shanghai Electric UK and Shanghai Electric Hong Kong International Engineering have withdrawn from a public procurement procedure for the construction of a photovoltaic park in Romania, following the European Commission’s announcement about a possible in-depth investigation.

These investigations, which were closed by the European Commission, after the withdrawal of the companies involved, concerned a procedure carried out by a Romanian contracting authority (Societatea PARC FOTOVOLTAIC ROVINARI EST) for the design, construction and operation of a photovoltaic park in Romania with a capacity of 454.97 megawatts (MW), partly financed by the European Union. The estimated value of this contract is around 375 million euros.

“Solar power is vital for Europe’s economic security,” said Thierry Breton, Commissioner for Internal Market. “We are massively investing in the installation of solar panels to decrease our carbon emissions and energy bills – but this should not come at the expense of our energy security, our industrial competitiveness and European jobs. The Foreign Subsidies Regulation is ensuring that foreign companies which participate in the European economy do so by abiding by our rules on fair competition and transparency.”

The first consortium consisted of ENEVO Group, a Romanian-based engineering and consulting services provider and LONGi Solar Technologie, a German subsidiary wholly owned and controlled by LONGi Green Energy Technology, a leading photovoltaic company listed on the Hong Kong Stock Exchange.

The second consortium consisted of Shanghai Electric UK and Shanghai Electric Hong Kong International Engineering, both wholly owned and controlled by Shanghai Electric Group, a Chinese state-owned enterprise specialising in multinational power generation and electrical equipment manufacturing.

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