Power plants on the Tarcău River and its tributaries, Ata and Brateş

Project facts

Project promoter:
SC CORPAD SRL
Project Number:
RO06-0001
Target groups
Entrepreneurs,
Small and medium-sized enterprises (SME)
Status:
Terminated
Initial project cost:
€6,717,379
Final project cost:
€0
From EEA Grants:
€ 0
The project is carried out in:
Romania

Description

This project represents a well-defined and freestanding stage of an ample investment plan that refers to the hydropower development of the entire water catchment area of the Tarcău River and its tributaries: Brates, Ata and Tarcuta. The hydropower potential of the Tarcau River and its tributaries is not yet exploited. The project’s objective is to develop an initial investment for the construction of small hydropower plants on the left tributaries of the Tarcau River: Brates and Ata. The project will result in an installed capacity (MWe) of 1,4 SHP Brates 2 and 1,1 SHP Tarcau 5; 10800 MWhe energy produced per year); a reduction of CO2 of 7570,8 and 6112,80 tons CO2 per year; and two small, newly built hydropower plants. The target groups of the project are the residents of Tarcau commune, and the local communities of Tarcau, Neamt County, and the Northeast region of Romania. The role of the donor project partner, Sweco Norge AS, is to give technical consulting and advise on the design and specifications for the project.

Summary of project results

The contract has been terminated, therefore no results have been achieved.

Summary of bilateral results

The cooperation led to a better understanding, from both sides (the PP and the DPP), of the challanges the Romanian legal framework in renewable energy poses to investors in the hydro-power sector.