The project is part of NEPI Rockcastle’s green energy investment programme, with a budget of over EUR 100 million, dedicated to the development of photovoltaic capacity across the region.
Implemented together with Global Technical Systems (GTS), the new park is one of the largest solar energy production facilities in Prahova County and reaffirms NEPI Rockcastle’s position as a leader in renewable energy in the commercial retail real estate sector.
Located on an area of 75.5 hectares, the Ariceștii Rahtivani (Nedelea) photovoltaic park has an installed capacity of 56.2 MW. The project incorporates more than 90,000 state-of-the-art bifacial solar panels, equipped with N-type i-TOPCon technology, ensuring efficiency of up to 23% and a 30-year production guarantee.
With an estimated annual output of approximately 73,000 MWh, the park will generate enough renewable electricity to cover the equivalent annual consumption of more than 40,000 households in Romania. In addition, the project makes a direct contribution to environmental protection by avoiding the emission of approximately 17,000 tonnes of CO₂ every year.
”The Ariceștii Rahtivani (Nedelea) photovoltaic park is a concrete example of how we turn sustainability into investments with long-term impact. Green energy investments help us increase the efficiency and resilience of our portfolio while, at the same time, generating sustainable value for tenants, communities and the entire ecosystem surrounding our shopping centres,”, said Andrei Radu, Group Development Director, NEPI Rockcastle.
With the commissioning of the Ariceștii Rahtivani (Nedelea) project, alongside the Group’s first photovoltaic park inaugurated last year in Chișineu-Criș (Arad County) and the systems installed on the rooftops of its shopping centres, NEPI Rockcastle will increase the share of its total electricity consumption covered by its own renewable energy sources to 31% by the end of 2026. This represents a significant increase from the 6% level recorded two years ago.
”The partnership with NEPI Rockcastle reflects Global Technical Systems’ expertise in managing complex energy projects, from concept to implementation, as well as the company’s experience in providing MEP services. The collaboration confirms our team’s ability to deliver integrated EPC solutions and to meet the requirements of a large-scale investor across both areas of expertise,” said Răzvan Enache, CEO Global Technical Systems.
An investment with economic and environmental impact for the local community
The Ariceștii Rahtivani (Nedelea) photovoltaic park was built on a former mineral aggregate extraction site, giving a new economic purpose to previously degraded and unproductive land. Currently, the land between the rows of solar panels is used as pasture for sheep belonging to local farmers, an environmentally friendly vegetation management solution that directly supports the rural economy in the area.
The project was designed with a long-term vision, with the existing infrastructure, which includes its own transformer station, allowing for future expansion through the integration of battery energy storage systems (BESS).
The business line dedicated to renewable energy integrates ESG priorities directly into NEPI Rockcastle’s operating model, contributing to increased energy independence, providing stability and predictability for tenants in its shopping centres and strengthening the long-term value of the portfolio.
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