Phono Solar, a global renewable energy solutions manufacturer, and Electrasol Proiect, a photovoltaic system manufacturer and developer, today announced the completion of a 500KW installation in the Galati region of Romania. The Phono Solar 195W monocrystalline modules used will generate electricity to power approximately 1250 average Romanian homes, or will displace the equivalent of 614.07 metric tons of CO2 per year. The installation took place in the Galati county in Romania, an area which receives (on an inclined surface of 35°) total annual radiation levels of 1,634kWh/m2. This project is the first PV project completed in the county.

Valentin Macec, Phono Solar Romania Country Manager, said: “We are delighted to be working with Electrasol Proiect again to deliver clean, affordable renewable energy to the general public in Romania. The Galati county is an area that could potentially generate vast amounts of energy through PV technology. This new project demonstrates the Phono Solar company values of stability, reliability and creativity, as we look to provide a diverse range of financially secure renewable energy solutions to markets worldwide.”

Mr. Suciu Alexandru, General Manager of Electrasol Proiect, said: “We are more than happy to have worked with Phono Solar since the Romanian photovoltaic market began offering incentives in November 2011. The installation in Galati is just one of a number of projects completed through our partnership in 2012 that will displace CO2 emissions by close to 700 tons per year.”

Closing Date: Oct. 15, 2012