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Canada’s Grasshopper Energy signs agreement to develop 1 GW of solar projects in Romania

Canada’s Grasshopper Energy, a global clean energy leader in sustainable energy infrastructure signed a partnership agreement with His Highness Prince Ștefan Sturdza, a distinguished representative of the old Romanian and Moldavian aristocratic Sturdza family, to develop, construct and operate solar projects in Romania of up to one gigawatt (GW), representing approximately one billion US dollars in investments, by 2030.

The agreement reflects the positive advances of investment in clean energy, commitment to combat climate change and ambition to attract and promote renewable and clean energy projects around the country.

“Grasshopper is honoured to play a role in providing Romania with the latest clean energy infrastructure innovation and to support Romania and Europe in combating climate change, the greatest challenge facing our world today,” said Azeem M. Qureshi, CEO of Grasshopper Energy.

“This exciting partnership with Grasshopper Energy will pave the road to a cleaner and more sustainable energy infrastructure in Romania and better position our nation within the European clean energy market,” commented His Highness Ștefan Sturdza. “The government has set very important and aggressive milestones towards increasing our clean energy production capacity and it is our duty to support it in achieving these important targets and secure a better and greener future for Romania.”

The Romanian government aims to increase its renewable energy capacity by 7 GW by 2030 in order to reach the country’s ambitious new objective of generating 30.7 per cent of its total energy needs from renewable sources by that year.

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