Once operational, Dama Solar will be the largest onshore renewable energy project in the European Union. The project is expected to enter commercial operations in the second half of 2028 and will create significant employment opportunities during construction, with a peak workforce of around 1,500 people.
The seven partners have been appointed to deliver distinct parts of the project across three key areas. CHINT Green Energy, CMC Europe and Solarpro will undertake separate engineering, procurement and construction (EPC) packages, while EnergoBit and Siemens Energy will deliver the high-voltage electrical infrastructure. Tongwei and Astronergy will supply the solar modules.
At the end of September 2026, Rezolv Energy, through its project subsidiary West Power Investments, signed a financing package of up to EUR561 million for the project. The financing was provided by a consortium of 14 lenders, underpinned by an anchor investment by the European Investment Bank (EIB).
Dama Solar was awarded two contracts for difference (CfDs) by the Romanian Ministry of Energy in the country’s second CfD auction in August 2025, covering 520MW of the project’s capacity.
In October 2026, Rezolv Energy and Ahold Delhaize also signed a major 10-year Virtual Power Purchase Agreement (VPPA) covering the supply of clean power from both Dama Solar and Rezolv Energy’s 300MW Dunarea East Wind Farm in Romania. The agreement was the first PPA signed for both Dama Solar and Dunarea East.
“Dama Solar will make a major contribution to reducing Romania’s emissions and strengthening its security of energy supply. Delivering a project of this scale requires a combination of international expertise, strong execution capabilities and reliable technology. (…),” said Alastair Hammond, CEO of Rezolv Energy.
Launched in 2022, Rezolv Energy is an independent renewable energy producer backed by Actis and Mubadala, focused on developing, building and operating renewable energy projects across Central and Southeastern Europe.