Solar Project –
Financials
This page outlines the financial structure and investment assumptions for the Niculițel Solar Project. The project has been designed to deliver attractive, risk-adjusted returns through a phased development model supported by long-term renewable energy fundamentals.
Investment Overview
The solar project is structured as a grid-connected photovoltaic power plant with capital deployment aligned to development milestones. The financial model is based on conservative assumptions to ensure long-term stability and resilience under varying market conditions.
Key Financial Metrics
• Target Internal Rate of Return (IRR): 27.41%
• Total Investment: €59 million
• Investment per MW: €590,000
• EPC & Turnkey Cost: €47.5 million
• Ready-to-Build (RTB) Purchase Price: €11.5 million
Capital Structure
The capital structure combines equity and debt financing to optimise returns while maintaining prudent leverage levels:
• Equity Contribution: €11.8 million (20%)
• Debt Financing: €47.2 million (80%)
• Debt Terms: 4% interest rate over a 15-year period
Financial Assumptions
Key assumptions applied within the financial model include conservative panel degradation rates, stable grid-connected revenue structures, and phased capacity deployment aligned with permitting and construction timelines.
All financial figures are projections and may vary depending on market conditions, regulatory changes, and final technical configurations.
SOLAR PROJECT
Turning Sunlight into Reliable
Clean Power
Aurora Renew’s Solar projects deliver efficient, grid-ready photovoltaic systems designed to meet growing energy demand while reducing environmental impact. Built for reliability, scalability, and long-term performance, our solar solutions provide clean power where it matters most.
Key Features
Aurora Renew’s Solar projects provide dependable, low-carbon electricity through intelligently designed photovoltaic systems. Optimised for grid performance and long-term efficiency, our solutions help businesses and communities transition to clean energy with confidence.
AboUT AURORA RENEW
Aurora Renew – Clean Energy
Solutions Provider
Aurora Renew is a clean energy solutions company specialising in the design, integration, and operation of grid-connected renewable energy systems, with a strong focus on solar–wind hybrid power projects. The company delivers end-to-end renewable energy solutions that enhance power reliability, improve energy access, and support long-term decarbonisation goals.
Drawing on advanced engineering, energy management, and grid-integration expertise, Aurora Renew develops hybrid systems that combine the complementary strengths of solar photovoltaic and wind generation. This approach enables more stable and predictable power output compared to single-technology renewable installations, making renewable energy more practical for regions with growing demand and variable grid conditions.
Sustainability meets innovation
Aurora Renew delivers advanced solar–wind hybrid energy systems that strengthen grid reliability, expand clean power access, and reduce carbon impact. We design, integrate, and optimise renewable solutions that balance performance, resilience, and long-term value.
By the numbers
Aurora Renew provides green energy solutions to empower people and protect.
