In 2021, ENSYS attracted financing from ROCA Investments, which took over a minority stake and entered the green energy market, where it will conduct other transactions.
“While continuing the business lines that have strengthened Tehnomir’s position, with the launch of its new identity, Ensys will take an important step towards becoming a national player. We are planning an accelerated development of Ensys, including in the industrial area, of photovoltaic parks and at the same time we want to go out to international markets. For example, Romania exports renewable energy worth almost 200 million euros in 2020, according to the latest available data, and locally the installed capacity was 11.1 GW, of which 1.4 only on photovoltaics. In the current difficult context at regional level, we are glad to have with us a partner who believes in the opportunities in the region, and instead of risks sees the possibilities for growth,” said Octavian Crisan, CEO of ENSYS.
“We see a lot of growth potential in Ensys, and the investment in this business has been a strategic one for ROCA Investments, starting from the desire to lay the foundations of a development pillar in the green energy area. Regardless of the period we are going through, it is always a good time to invest in companies in the renewable energy sector, an area of strategic interest for Romania, which covers a major need, not only locally, but also globally. For us, this is the first investment in a series that will follow this strategic pillar,” said Alexandru Savin, Investment Manager at ROCA Investments.
Renewable energy in Romania accounts for 54% of the total electrical capacity, respectively 43% of the energy generated in 2020.
A survey by the International Energy Agency shows the consumption of energy generated by solar panels will increase by 43% until 2030.