At this moment, the biggest solar park under development has a 1,000 MW capacity and is located in Arad. Should the 535 MW investment in Giurgiu materialize, this would involve funds of above EUR400 million.
Enery Element GmbH is a joint venture created in June 2020, made up of Enery Development GmbH and Element Power RE GhmH. Last year, Enery took over a portfolio of 6 green energy projects with an 81 MW capacity locally. The main funder of Enery is Three Seas Initiative Investment Fund (3SIIF).
However, in late 2022, Enery told ZF its ambitions for Romania are much broader. At that moment, the company had a 1,500 MW project portfolio under development in solar power, with the budget revolving around EUR1 billion. The implementation deadline is 2026 and, in line with the latest information, the first 100 new MW should be connected to the network this year.
Enery’s local strategy includes however the development of solar parks in parallel with the signing of long-term energy sale agreements.
The green energy market has been witnessing an unprecedented frenzy in recent months. And, as the support scheme via Contracts for Difference (CfD) is almost ready, the appetite for green will only grow.
(English version by Catalina Apostoiu)