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Enery starts the Ogrezeni project, one of Europe’s largest solar and BESS plants
Enery, an independent renewable power producer in Central and Eastern Europe (CEE) announces the start of the Ogrezeni hybrid project, combining photovoltaic (PV) generation with battery storage, in Giurgiu County, Romania. With an installed capacity of 761 MWp / 534 MW AC and more than 1 GWh of battery storage, Ogrezeni will be among the…
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Toki Power acquires 150 MW standalone BESS project, strengthening its position in Romania
Toki Power Holding GmbH (Toki Power), the electricity trading part of Renalfa Solarpro Group (Renalfa Group), closed a major transaction in Romania – the acquisition of a 150 MW standalone Battery Energy Storage System (BESS) project. The deal was finalised on December 5, 2025, and is a milestone for the company’s accelerated development in Southeastern…
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Romania’s Solar & Storage Outlook for 2026: Clarity, Discipline and the Rise of Hybrid Assets
Romania enters 2026 with renewed momentum across its solar and energy-storage markets — but also with a sharper sense of discipline. The era of inflated pipelines and speculative grid bookings is fading; the market is maturing, and investors now demand a cleaner, more bankable landscape. What emerges is a sector that is more selective, more…
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INVL Renewable Energy Fund I-managed REFI Sun raised more than EUR 5 million in public bond offering
REFI Sun, a company owned by INVL Renewable Energy Fund I, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, raised more than EUR 5 million euros in a public offering of bonds. The money, which was raised from investors in the Baltic countries, will be used to finance…
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Apple expands renewable energy projects across Europe
Apple is significantly expanding its clean energy projects across Europe with new large-scale solar and wind farms now in development in Greece, Italy, Latvia, Poland, and Romania. Together with a newly operational solar array in Spain, the projects announced today — all enabled by Apple — will add 650 megawatts of renewable energy capacity to…
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Electromontaj Wins Tender for the Construction of the 400 kV Gădălin–Suceava Overhead Power Line
Electromontaj is proud to announce that it has won the tender for the construction of the 400 kV Gădălin–Suceava overhead power line, a strategic project of national significance for Romania that will strengthen and modernise the country’s electricity transmission network. Spanning approximately 260 kilometres, the high-voltage line will traverse the Eastern Carpathian Mountains, connecting 40 localities across the counties of Cluj,…
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EBRD invests €50 million in GEK TERNA
The European Bank for Reconstruction and Development (EBRD) is investing €50 million in a senior unsecured bond issued by GEK TERNA S.A., holding company of GEK TERNA Group in Greece. The €500 million bond, with a seven-year tenor, will be listed on the Athens Stock Exchange. The EBRD’s investment will be used to support GEK TERNA’s…
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Simtel and HEPA Energy to develop one of the largest hybrid photovoltaic and storage projects in Romania
Simtel, an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of the leading players in Romania’s renewable energy sector, announces the signing of a contract worth approximately RON 217 million (excluding VAT) with HEPA Energy, a company owned by a leading company from Israel. The contract covers…
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Solveo International gets Romanian CfD approved
Romanian Ministry of Energy awarded a French developer, Solveo International, through its SPV ACK SRL, CfD for the Sticlaria Wind Farm project ( 38.4 MW) in Iași county in the northeast part of Romania. The project is expected to break ground in. Q2 2026. Once operational, the 6 wind turbines will generate ≈105 GWh of…
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Deep Dive Series: Romania’s Energy Procurement Development
As Romania accelerates its renewable journey in 2025, the landscape of energy procurement is undergoing a bold transformation. Driven by the dual pillars of CfDs and PPAs, the country is cementing the foundation for market-driven clean energy deployment – at scale and with confidence. With clear regulatory backing, EU financial support, and burgeoning corporate demand, the mechanisms are harmonizing…
