WALDEVAR exceeds 1.5 GW of installed capacity, unveils strategic investments

WALDEVAR strengthens its position as a Romanian leader by surpassing the milestone of 1.5 GW of installed capacity across its photovoltaic project portfolio. Today, the company stands as one of the leading general contractors in Europe in the fields of engineering, automation, SCADA systems, and construction-installation services for energy generation, transmission, and distribution infrastructure.

With a team of over 1000 employees, a network of five international offices, and the largest fleet of machinery and equipment in the Romanian market, WALDEVAR delivers integrated services in electrical, mechanical, and civil design, as well as control-command and protection systems for substations—developing complete solutions for the implementation and operation of energy production capacities.

In 2024, WALDEVAR recorded a 135 percent increase in turnover compared to the previous year, driven by the development of over 29 energy assets ranging between 5 and 130 MW, and an accelerated construction pace of 2.5 MW installed per day.

A major upcoming project is the launch of a unique industrial hub in Europe dedicated to floating photovoltaic (FPV) technology. In partnership with global leader Sungrow FPV, WALDEVAR is building the largest FPV systems factory in Europe, located in Tunari on a nearly 40,000 sqm site, with an investment of approximately 10 million euros.

This facility will serve as a center of excellence for water-based photovoltaic technology, supporting the regional energy transition. Its official opening is scheduled for early 2026, targeting the EMEA region (Europe, Middle East, and Africa), along with inshore projects in the Maldives—marine solar parks located in protected zones.

“We are transforming ourselves to become a leader in integrated energy system development, combining energy production with advanced technologies. Our goal is to move beyond just producing green energy and instead create intelligent, sustainable solutions for the future. This transformation will mark our shift from ‘green with risks’ to ‘smart and efficient green’ energy,” said Cristian Dragomir, CEO, WALDEVAR Energy.