HELLENiQ Renewables, the renewable energy subsidiary of HELLENiQ ENERGY, announces the completion and start of commercial operations of two photovoltaic parks in southern Romania.
The two solar parks, with a combined installed capacity of 58 MW, represent the first operational renewable energy assets of HELLENiQ ENERGY in Romania. The projects are located in Merenii de Jos, Teleorman County and Ianca, Olt County and are connected to the national electricity grid.
Once fully operational, the projects are expected to generate clean electricity sufficient to cover the annual energy needs of approximately 60.000 households, while supporting Romania’s energy transition and contributing to the reduction of carbon emissions.
The solar parks form part of the agreement signed in 2023 with METLEN for the development and acquisition of four photovoltaic projects in Romania with a total capacity of 211 MW. The remaining two projects under the agreement, with a combined capacity of 153 MW, are expected to be completed and enter commercial operation in 2026.
The launch of these solar parks marks the beginning of HELLENiQ ENERGY’s operational presence in Romania’s renewable energy market.
Looking ahead, the construction of a 96 MW wind farm in Galati in eastern Romania is scheduled to be completed in the second quarter of 2027, bringing HELLENiQ ENERGY’s total installed renewable energy capacity in the country to over 300 MW.
Overall, HELLENiQ ENERGY’s renewable energy portfolio in Romania already exceeds 850 MW, including a balanced mix of solar and wind projects as well as energy storage systems under development, which will enhance the flexibility and resilience of the national and regional energy system.
Dr. Sotiris Kapellos, COO of HELLENiQ Renewables, said: “Romania represents one of the most promising renewable energy markets in Southeast Europe. The launch of our first solar projects in the country marks an important milestone in the implementation of our international growth strategy.
At HELLENiQ Renewables, we are committed to developing high-quality renewable energy projects that support energy security, accelerate decarbonization and create long-term value for the economies and communities in which we operate.”
Mihai Darie, Head of HELLENiQ Renewables Romania, said: “The commissioning of these first solar parks is a major step for HELLENiQ Renewables in Romania and reflects our long-term commitment to the local energy market.
Romania has strong renewable energy potential and a clear path towards a more sustainable energy system. Our local team is proud to contribute to this transition by delivering projects that generate clean electricity, support local development and strengthen the country’s energy resilience.”
HELLENiQ ENERGY continues to actively explore further investment opportunities in Romania, focusing on solar and wind energy projects as well as energy storage solutions that will support the stability and flexibility of the national power system.