Nofar Energy, which is listed on the Tel Aviv Stock Exchange, intends to install a 255 MW solar power plant on 290 hectares of land in southern Romania. The utility said it expects annual revenue of 27 million euros. Nofar said it aims to start construction in 2023, pending the necessary permits. The investor revealed that it has a total of 579 MW in pipeline in Romania, including the Răteşti project with a planned installed capacity of 155 MW.