Econergy has signed financing agreements of approximately €229 million for its Părău 2 hybrid project in Romania. The project combines a 342 MWp solar plant with a 150 MW co-located battery energy storage system (BESS). […]
Aukera has reached financial close for the second phase of the Gura Ialomitei battery energy storage system (BESS) in Romania. The second phase of the project received a €48.5 million financing package from the International […]
Eurowind Energy Romania has commenced construction of three wind power projects, following the receipt of setting-up authorisations from the National Energy Regulatory Authority (ANRE). Together, the projects will add 138 MW of renewable energy capacity […]
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), has reached financial close for the 392 MW Pestera II onshore wind project located in Constanța County, Romania. The project secured a 15-year […]
The European Bank for Reconstruction and Development (EBRD) is providing a €175 million loan to Public Power Corporation (PPC) to support renewable energy development across Bulgaria, Greece, and Romania. The financing will help develop approximately […]
PPC Group and METLEN Energy & Metals have entered into a joint venture (JV) agreement to develop battery energy storage system (BESS) projects across Romania, Bulgaria and Italy. The agreement provides for the creation of […]
The European Investment Bank (EIB) has committed approximately €34 million to support the construction and operation of three solar projects in southwestern Romania. The projects will have a combined capacity of 190 MW and are […]
OMV Petrom and Complexul Energetic Oltenia (CE Oltenia) have commenced construction on their solar parks in Romania, which have a cumulative installed capacity of around 550 MW. TThe development comprises four solar parks that are […]
OX2 has acquired three onshore wind projects in Romania from Future Power. These three projects, with a cumulative capacity of 235 MW, are located in Vaslui and Vrancea counties. All are expected to be commissioned […]
Shanghai Electric has signed an agreement with Econergy Renewable Energy for the second phase of the 342 MW solar project in Parau, Romania. Once completed, the Parau Phase II project will supply clean power to […]
Romania’s Ministry of Energy, in coordination with the Contracts for Difference (CfD) scheme operator C.N.T.E.E. Transelectrica S.A., has launched the third auction under the State Aid scheme in the form of CfD for electricity generation […]
GE Vernova has signed an agreement with Greenvolt International Power to supply, install, and commission wind turbines for the 252 MW Ialomiţa wind farm in Romania. As per the agreement, GE Vernova will supply 42 […]
Rezolv Energy has inked incremental project finance facilities of up to €331 million through its project subsidiary First Look Solutions S.R.L.. The financing is to support construction of the 269 MW second phase of its […]
Eurowind Energy will develop a 220 MW solar park in Romania’s Vișina, Dâmbovița County. The total investment in the solar park amounts to €174.8 million. The park will comprise over 400,000 photovoltaic panels and will […]
Ameresco SUNEL Energy SA, a joint venture between Ameresco and SUNEL Group, has secured €303.4 million engineering, procurement, and construction (EPC) contracts for three solar projects. These projects have a combined capacity of 466 MWp […]
The European Bank for Reconstruction and Development (EBRD) has inked a MoU with Romania’s Ministry of Energy to assist in the planning and execution of future renewable energy auctions in Romania. The first auction was […]
Korkia, a Finnish renewables investor, has teamed with Romania-based Econous Green Energy to build 600 MW of solar energy capacity in Romania. By 2025, the partnership’s first projects are expected to be licenced and ready […]
Polenergia SA, a Polish energy major, decided to purchase a conditional majority interest in a firm establishing a portfolio of up to 685.6 MW wind farms in Romania, enabling it to enter the local renewable […]
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