January 9, 2026
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D.Trading to offtake 200 MW of solar in PPA with Econergy in Romania

D.Trading, the pan-European trading arm of DTEK Group, signed a renewable electricity offtake deal for 200 MW of installed solar power capacity in Romania with renewable energy developer and operator Econergy. The power purchase agreement (PPA) includes the country’s largest photovoltaic plant.

D.Trading announced that it would purchase electricity from solar power plants Rătești and Părău in Romania. The deal for Econergy’s assets is for 200 MW. The PPA reflects growing market demand for structured renewable offtake products and marks an important milestone in the commercialisation of the two photovoltaic facilities, the announcement adds.

“Partnering with leading companies such as Econergy supports our long-term strategy of expanding renewable energy integration across the region. This agreement strengthens our green power portfolio and represents another step more towards becoming the leading provider of solutions for renewable assets and battery storage in Eastern Europe,” said Head of D.Trading Power Desk EU Stanislav Dudka.

The company operates in Central, Eastern, and Southeastern Europe. D.Trading is the pan-European trading arm of DTEK Group, which also owns DRI.

Econergy is planning to add a 120 MW battery energy storage system to its Rătești solar power plant

As Romania’s power market continues to evolve, shaped by price volatility, regulatory development, and the growing need for flexible solutions to support grid stability, Econergy has successfully executed multiple bankable commercial agreements, the update reads.

Rătești, Romania’s largest solar power plant, was completed in late 2023. The facility northwest of Bucharest, in Argeș county, has 155 MW in peak capacity. Econergy is planning to add a 120 MW battery energy storage system.

Părău was commissioned in late 2024. The PV plant of 92 MW is in Brașov county in the central part of Romania.

The Părău 2 project is for 342 MW, together with 150 MW of battery storage. It won a 15-year contract for difference (CfD) at the country’s first round of renewable energy auctions.

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January 8, 2026
by in News

D.Trading to offtake 200 MW of solar in PPA with Econergy in Romania

D.Trading, the pan-European trading arm of DTEK Group, signed a renewable electricity offtake deal for 200 MW of installed solar power capacity in Romania with renewable energy developer and operator Econergy. The power purchase agreement (PPA) includes the country’s largest photovoltaic plant.

D.Trading announced that it would purchase electricity from solar power plants Rătești and Părău in Romania. The deal for Econergy’s assets is for 200 MW. The PPA reflects growing market demand for structured renewable offtake products and marks an important milestone in the commercialisation of the two photovoltaic facilities, the announcement adds.

“Partnering with leading companies such as Econergy supports our long-term strategy of expanding renewable energy integration across the region. This agreement strengthens our green power portfolio and represents another step more towards becoming the leading provider of solutions for renewable assets and battery storage in Eastern Europe,” said Head of D.Trading Power Desk EU Stanislav Dudka.

The company operates in Central, Eastern, and Southeastern Europe. D.Trading is the pan-European trading arm of DTEK Group, which also owns DRI.

Econergy is planning to add a 120 MW battery energy storage system to its Rătești solar power plant

As Romania’s power market continues to evolve, shaped by price volatility, regulatory development, and the growing need for flexible solutions to support grid stability, Econergy has successfully executed multiple bankable commercial agreements, the update reads.

Rătești, Romania’s largest solar power plant, was completed in late 2023. The facility northwest of Bucharest, in Argeș county, has 155 MW in peak capacity. Econergy is planning to add a 120 MW battery energy storage system.

Părău was commissioned in late 2024. The PV plant of 92 MW is in Brașov county in the central part of Romania.

The Părău 2 project is for 342 MW, together with 150 MW of battery storage. It won a 15-year contract for difference (CfD) at the country’s first round of renewable energy auctions.

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December 3, 2025
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Econergy secures financing for 87 MW Oradea solar plant in Romania

Econergy Renewable Energy has signed a EUR 40.5 million project finance agreement with UniCredit Bank for its 87 MW Oradea solar power plant in the Crișana region in north-west Romania.

The Oradea photovoltaic facility has been fully connected to the grid since August 2025, and is generating revenues, according to Israel-based Econergy.

The proceeds will be used for various purposes including refinancing of the loans spent to construct the power plant, the company explained.

Within a strategy to hybridize its Romanian solar portfolio, Econergy plans to add a 68 MW BESS component at the Oradea site.

It is the second project finance agreement secured with UniCredit

The expected investment in energy storage is about EUR 21 million, with an estimated annual contribution of EUR 8.4 million in revenues and EUR 6.7 million in EBITDA, based on the first five full operating years, the update reads.

The company said it is its second project finance agreement secured with UniCredit.

Econergy Group is operating in key European markets, including Germany, the UK, Italy, Spain, Romania, Poland, and Greece. It develops photovoltaic, wind, and energy storage projects.

The current project pipeline exceeds 14 GW, according to the company’s website.

Econergy is the owner of the largest PV facility in Romania

The company generates revenue by selling electricity, earning development and operation fees, and selling projects at various stages of development.

Of note, Econergy is the owner of the largest PV facility in Romania. In October it agreed to buy out Nofar’s 50% stake in the 155 MW Rătești solar power plant. The firm plans to add a 120 MW BESS.

Econergy has four PV plants in Romania. With the inauguration of Oradea, the company’s operational and ready-to-connect capacity in the country has reached 447 MW. It is building another 788 MW and expects to start the construction of 559 MW more by the end of 2025.

The project was developed with Phoenix Holdings.

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October 30, 2025
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Shanghai Electric becomes contractor for Romania’s largest solar park with batteries

Israeli company Econergy, owner of the largest photovoltaic park in Romania, has selected Shanghai Electric as the engineering, procurement, and construction contractor for a facility with a two times higher capacity and a 150 MW battery energy storage system.

After building the solar park in Romania’s Brașov county for Econergy, Shanghai Electric also won the contract for Părău 2. “Building on our successfully completed projects in Romania, we aim to further strengthen our presence across Central and Eastern Europe and deliver tailored solutions that accelerate Romania’s energy transformation,” Chairman of Shanghai Electric Group Wu Lei said.

The company’s photovoltaics portfolio in the country has reached 550 MW, according to the update. The investor behind Părău and Părău 2 is Israel-based Econergy. The first part, of 91.4 MW in peak capacity, was commissioned a year ago.

Econergy operates Romania’s largest solar park, Rătești. It has 155 MW in peak capacity. Părău 2 is for 342 MW, together with a 150 MW battery energy storage system (BESS).

Shanghai Electric is the EPC contractor for Econergy’s four PV parks, of which two are already operational

The investment is valued at EUR 275 million altogether. Părău 2, on 337 hectares in central Romania, has won a 15-year contract for difference (CfD) in December at the country’s first round of renewable energy auctions.

Econergy bid EUR 49.4 per MWh for 125 MW in connection terms or 150 MW in peak capacity. It was the biggest project on the list. The developer expects to put it into operation in 2027.

The solar park will supply both residential and commercial users, according to Shanghai Electric. Its Romanian portfolio includes Econergy’s Scurtu Mare 56 MW photovoltaic plant, which was provisionally cleared for the start of operations in June. Another one is the Ovidiu project for the same client, with 60 MW in peak capacity under construction.

Econergy has hinted that it could invite a partner for Părău 2. The Israeli company noted that it normally holds a 49% or 50% stake in Romania. It revealed that it could pick a previous partner such as Phoenix, headquartered in Israel, or RGreen Invest, a French investment fund.

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October 15, 2025
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Apple signs PPAs in Greece, Romania as part of drive to green its devices’ consumption

As part of efforts to ensure that all electricity consumed by Apple devices is matched with green energy, the United States–based tech giant is facilitating 650 MW of renewables projects across Europe, including through power purchase agreements (PPA). By 2030, wind and solar power plants in Spain, Greece, Italy, Latvia, Poland, and Romania are expected to generate over 1 TWh of clean electricity on behalf of Apple users, the company said.

“By 2030, we want our users to know that all the energy it takes to charge their iPhone or power their Mac is matched with clean electricity,” said Lisa Jackson, Apple’s vice president of environment, policy, and social initiatives.

In Greece, Apple has signed a long-term PPA to procure power from a 110 MW solar project owned by HELLENiQ Energy. The plant, which is already fully operational, is located in Kozani in northern Greece.

Apple has signed a long-term power purchase agreement for a 110 MW solar plant in Greece

In Romania, the company plans to procure power from the 99 MW Green Breeze wind farm, located in Galați County, through a long-term virtual power purchase agreement (vPPA). The facility, which is scheduled to start operations in the first half of 2026, was initiated by Sweden-based OX2 and later sold to Nala Renewables.

In Italy, Apple is supporting the development of a 129 MW portfolio of solar and wind projects. The first of the facilities, a photovoltaic plant in Sicily, is expected to come online this month.

The project backed by Apple in Poland is for Econergy’s 40 MW solar array, which is expected to be operational later this year. In Latvia, the tech giant has signed one of the country’s first corporate PPAs. It will procure electricity from European Energy’s 110 MW solar power plant, set to be one of the largest in Latvia once completed.

The 131 MW Castaño solar farm in Spain came online earlier this year

The 131 MW Castaño solar farm in Segovia in Spain, operated by ib vogt, became operational earlier this year.

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October 7, 2025
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Econergy to assume 100% ownership of Romania’s biggest solar park, add batteries

Econergy agreed to buy out Nofar’s 50% stake in the 155 MW Rătești photovoltaic plant, the largest in Romania. The next step is to add a 120 MW battery energy storage system.

Econergy Renewable Energy said its subsidiary Econergy International, in which it holds 75.2%, has signed an agreement with Nofar Energy to acquire the partner company’s entire 50% stake in the Rătești solar power plant. The facility northwest of Bucharest, in Argeș county, is the largest in Romania. It has 155 MW in peak capacity.

Following the transaction, Econergy will hold 100% ownership and assume control of the shareholder loan previously provided by Nofar, of EUR 14.9 million, according to the update. The total consideration for the transaction is €45.6 million, payable in three instalments through June 2026.

Both companies are based in Israel. Econergy expects a capital gain of EUR 13 million from the deal. Like with some of its other investments in Romania, it plans to add a 120 MW battery energy storage system (BESS). The operator values the investment at EUR 32 million.

The battery storage facility is expected to enter commercial operation in the second quarter of next year, Econergy revealed. It would generate an additional EUR 15 million in annual revenue and EUR 12 million in earnings before interest, taxes, depreciation and amortization – EBITDA, the announcement reads.

Econergy said its portfolio of solar, wind and storage projects in Romania amounts to 3.5 GW. It includes 473 MW in operation or facilities that are ready to connect, 763 MW under construction and 395 MW scheduled to begin construction by the end of the year. Total project pipeline exceeds 14 GW.

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August 21, 2025
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Econergy’s 87 MW Oradea solar park in Romania starts commercial operation

Econergy Renewable Energy connected its 87 MW Oradea solar power plant to Romania’s national grid and began commercial operation.

Oradea solar farm, with a capacity of 87 MW, is Econergy’s fourth photovoltaic plant in Romania. With the addition, the company’s operational and ready-to-connect capacity in the country has reached 447 MW. It is building another 788 MW and expects to start building another 559 MW by the end of 2025, according to the latest update.

Econergy operates Romania’s biggest PV plant, Rătești, in an equal partnership with Nofar Energy. They inaugurated the facility with 154.7 MW in peak capacity in 2023. The other two are the Părău solar park of 92 MW in peak capacity, near Brașov, developed in a 50:50 joint venture with RGreen Invest, and the Scurtu Mare facility of 55 MW in peak capacity, where Phoenix Holdings is a minority partner.

Econergy plans to add a 68 MW co-located battery energy storage system to the Oradea project

As part of its strategy to integrate storage solutions, Econergy plans to add a 68 MW co-located battery energy storage system (BESS) to the Oradea facility. The storage system is anticipated to increase the project’s economic value by generating new revenue streams, facilitating grid balancing services, and optimizing electricity sales through price arbitrage.

The Oradea solar power plant was developed in partnership with Israeli financial services firm Phoenix Holdings, which has invested more than EUR 225 million in Econergy’s Romanian and Polish projects.

“The successful connection of Oradea marks another important milestone for Econergy in Romania. This achievement underscores our ability to deliver large-scale renewable projects while advancing our strategy of integrating storage solutions to maximize value for our stakeholders. We are proud to strengthen our partnership with Phoenix Holdings as we continue to expand our renewable energy platform across Europe”, said Eyal Podhorzer, CEO of Econergy.

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