December 19, 2025
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Engie Romania to double its renewables capacity with 253.1 MW wind farm project

Engie Romania, a subsidiary of French energy giant Engie, has bought a 253.1 MW wind farm project in Ialomiţa County. The wind farm, currently under construction, will double the company’s renewable energy portfolio in Romania to over 500 MW.

The Ialomiţa Nord wind farm project was acquired from the Romanian subsidiary of Portugal-based Greenvolt, owned by US investment fund KKR. The value of the transaction was not disclosed. According to earlier reports, the project is valued at EUR 400 million.

With 42 turbines, Ialomiţa Nord will be among the largest wind farms in Romania. It is expected to become fully operational in 2027, local media reported, and sell electricity through a 15-year contract for difference (CfD).

The project will benefit from a 15-year contract for difference

Engie Romania currently owns and operates a total of 248 MW of renewable energy facilities – three wind farms, with a total capacity of 178 MW, and six solar power plants, totaling 70 MW. Ialomiţa Nord will increase its total renewables generation capacity in the country to 501.1 MW.

“With this acquisition, Engie continues to make significant progress in achieving its development plans in Romania, doubling its installed capacity for renewable energy production and consolidating its position in a market with remarkable potential,” said Cristian Buzan, Executive Vice President of Engie Romania.

The company has also secured CfDs for two other projects – one wind farm and one solar park – with a combined capacity of 224 MW. Earlier this year, it completed the acquisition of a 54 MW wind power project. The site is in Mereni in central Romania.

Engie plans to boost its renewables production and energy storage capacity in Romania to 1 GW

Engie’s objective is to increase its renewable energy production and storage capacity in Romania to 1 GW by 2030. The company supplies natural gas and electricity to over 2.3 million customers in Romania.

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December 8, 2025
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Greenvolt orders GE Vernova wind turbines for its 250 MW project in Romania

GE Vernova said it would start the delivery in 2026 of 42 of its 6.1 MW-158m wind turbines to Greenvolt for the Gurbănești project near Bucharest. Together with the recent order for the nearby Ialomiţa wind farm, the Portugal-based firm secured half a gigawatt in capacity.

Greenvolt is nearing the launch of construction of two wind farms in Romania. Soon after acknowledging an order for 42 of its 6.1 MW-158m wind turbines, GE Vernova said it would deliver another identical batch for the Gurbănești project.

The site is just east from Bucharest, in Călărași county. Domestic company Renovatio developed the project through special purpose vehicle Gura Ialomiței Solar, backed by Portuguese investment fund RNVQ FCR.

Greenvolt is a subsidiary of KKR. In Southeastern Europe, it is also active in Greece, Croatia, Bulgaria and Serbia.

As for the wind turbine model, its nameplate capacity is 4.8 MW to 6.1 MW, and the 158 meters is the rotor diameter.

The previous order, in October, was for Greenvolt’s Ialomița Nord project. It received final authorization in June from the National Energy Regulatory Authority (ANRE) of Romania for 246.4 MW. Notably, GE Vernova said the capacity of its turbines would be 252 MW.

Located in neighboring Ialomița county, the wind turbines would be in three groups in the communities of Țăndărei, Gheorghe Lazăr, Grivița and Ograda. The project firm is called Țăndărei Solar.

Both wind farms will benefit from state support for 125 MW each. The developers won contracts for difference at Romania’s first wind power auction, a year ago. Gurbănești has a contract for EUR 64.98 per MWh, compared to Ialomița Nord’s EUR 67.89 per MWh.

GE Vernova has agreed to supply and install all units and commission both wind parks. It said they would amount to 500 MW in total. Deliveries are set to begin next year, for completion in 2027.

The wind turbine manufacturer said the annual output would be sufficient for more than 110,000 Romanian households.

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September 29, 2025
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DRI acquires 112 MW battery storage project in Poland from Greenvolt

DRI expanded its activities in Poland with the acquisition of rights to build a battery energy storage system (BESS) in Kozienice, located in the east-central part of the country. The investment will also strengthen Ukraine’s grid, according to the update.

DRI, DTEK’s renewables arm in the European Union, acquired a BESS project for 112 MW in capability from Greenvolt Group. The battery system would have a four-hour duration, translating to a capacity of 448 MWh. The project is in a ready-to-build (RTB) stage, with all necessary administrative approvals, permits, and grid connection agreements in place for immediate construction, the two companies said.

The site is in Kozienice in the east-central part of Poland. In addition to making the country’s electricity grid more stable, the project will progressively strengthen Ukraine’s grid as the country’s energy network is integrated into a single European system, DRI pointed out.

The ambition is part of DTEK’s broader drive to prioritise energy security for Ukraine and the rest of Europe, the announcement reads.

DRI lifts battery storage project portfolio in Poland to 245 MW

With the new agreement, DRI is consolidating its position in the Polish energy market, and more broadly, in Europe’s energy transition, said DRI’s new Chief Executive Officer Murat Çinar.

Battery energy storage systems will be at the heart of the power grid of the future, DRI’s CEO Murat Çinar underscored

“By adding a second battery storage project to our portfolio, the acquisition of the Kozienice BESS will increase our total storage capacity available to the Polish grid to 245 MW. This technology will play a vital role in Europe’s transition towards a renewables-based system, enhancing grid stability and reducing the risk of outages during periods of system stress. Battery energy storage systems will be at the heart of the power grid of the future,” he stated.

Alongside its two battery storage projects in Poland, Amsterdam-based DRI is advancing fifteen solar and onshore wind projects at various stages of development in Croatia, Italy and Romania. The company said its mission is to work in underserved markets in Europe to achieve their net zero goals.

Its parent DTEK Group is the biggest private investor in Ukraine’s energy sector.

Greenvolt delivers high-impact BESS project

Greenvolt is one of the largest developers of energy storage in Europe, a technology that stands as a key pillar of the energy transition, the group’s CEO João Manso Neto said.

“This agreement fully aligns with our strategic objective to deliver high-impact projects that drive the ongoing transformation of the European energy landscape and attract strong market interest,” he stressed.

Greenvolt Group is a company within KKR’s portfolio. Through Greenvolt Power, it develops utility-scale wind, solar, and energy storage projects across 18 markets in Europe, North America, and Asia.

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August 12, 2025
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Wind power takes lead in new renewables investment wave in Romania

The rising number of maturing wind power projects and the ones under construction in Romania has highlighted the increasing role of the technology for the country’s energy transition. The recent updates are for three locations in the country’s east.

Investments in wind power in Romania are rebounding from a long lull. According to the International Renewable Energy Agency (IRENA), the country hosted nearly 3.1 GW in wind power capacity at the end of 2024. It achieved a peak of 3.24 GW a decade before. Investors are maturing an increasing number of projects or beginning construction, alongside significant acquisition activity.

Together with a wave of investments in battery storage, the wind power segment is making the domestic renewable energy market more balanced. It was dominated by photovoltaics for several years – primarily by the meteoric rise in the number of prosumers. Of note, there were 228,302 at the end of May, operating 2.73 GW in capacity.

New Minister of Energy Bogdan Ivan recently estimated that another 3.2 GW of solar and wind power combined would come online in Romania by the end of 2026.

Wind park of over 250 MW in Ialomița to be completed in 2027

The administration of Ialomița County in the country’s east announced that KKR, its subsidiary Greenvolt and Renovatio would build a wind park of more than 250 MW. It would consist of three power plants in the area around Țăndărei, Gheorghe Lazăr, Grivița and Ograda.

According to the regional authority, the Ialomița wind farm project east of Bucharest is worth more than EUR 400 million. Its completion is expected in 2027.

Greenvolt has won support for more than half of capacity in its Ialomița Nord wind power project at the government’s first wind and solar power auction, through a contract for difference (CfD). Total investment is for 246.4 MW.

Greek renewables giant to start construction of two wind power plants

HELLENiQ Renewables Romania, operating under Greece-based HELLENiQ Energy, acquired Ansthall Green Energy from OX2. The project firm owns a ready-to-build wind project in Scânteiesti in Galaţi in eastern Romania, with a licensed capacity of 96 MW.

The Greek parent company said construction is starting immediately through a deal with OX2 Construction. It expects to put the facility into operation in 2027.

It has a 12-year virtual power purchase agreement (PPA) with Koninklijke Ahold Delhaize, for 158 GWh per year. The company operates supermarket chains. Total annual output is estimated at 309 GWh.

HELLENiQ Energy revealed that it has bought two ready-to-build projects of 282 MW in total

HELLENiQ Energy’s Romanian company also signed a contract to take over Helios and Wind Energy, a special purpose vehicle owning a ready-to-build wind project in the nearby Vaslui region. The licensed capacity is 186 MW and there is an option to add a battery energy storage system (BESS). It would have 186 MW in operational power as well and a duration of one hour, translating to 186 MWh.

Regulators in Romania must approve the agreement before the transaction.

In addition, the company completed the purchase of a ready-to-build PV project of 123 MW in peak capacity. The location is in Haskovo region in southern Bulgaria, which marks HELLENiQ’s entry into the country. The solar power plant can include a BESS facility of 90 MW and 180 MWh.

The company previously known as Hellenic Petroleum (HELPE) intends to start the construction of two BESS in its home market. They would have 50 MW and 200 MWh altogether. The two endeavors in Florina were among the winners in the third auction for battery storage in Greece.

Turkish company, Romanian footbal star’s daughter advance joint project

The third recent update is for one of the biggest planned wind farms in Romania, also in the east. The location for the Dăeni project is in Tulcea county. It has received the grid connection approval from Transelectrica and an environmental permit from the National Environment Protection Agency (NEPA or, in Romanian, ANPM).

Project documentation for the wind power plant of 56 turbines of 7.2 MW each shows the facility should be commissioned by the end of 2031, Profit.ro reported. It translates to 403.2 MW in nominal capacity. Dăeni would have a connection to the transmission grid of over 394 MW.

Oxigen Delta is 50% owned by a subsidiary of Turkey-based Sanko Enerji

The developer is Oxigen Delta, in which 50% is owned by a subsidiary of Turkey-based Sanko Enerji, part of Sanko Holding. Milana-Maria Ilie, daughter of famous former Romanian football player Adrian Ilie, is among the main shareholders, the article adds. The investment was valued at some EUR 800 million last year.

Eximprod, which installed the first wind turbine in Romania more than two decades ago, has delivered the first megawatt-hours to the grid from its new wind farm in the country’s east. Rezolv secured a financing package for the second phase of its giant Vifor wind farm in Buzău county

Eurowind Energy built the turbines earlier this year at its Pecineaga wind park. Greece-based Public Power Corp. (PPC) is supposed to connect its Deleni facility to the grid before the end of the year.

OX2 is constructing the Green Breeze wind farm as the turnkey contractor for the investor, Nala Renewables.

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August 4, 2025
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KKR to provide Greenvolt with EUR 150 million capital boost

Greenvolt Group said its majority owner KKR fully subscribed to a EUR 150 million share capital increase. The transaction will especially support investments in battery storage.

In two tranches, KKR will increase the capital of its subsidiary Greenvolt by EUR 150 million. The injection is particularly aimed for the segment of utility-scale battery energy storage systems. The transaction reflects continued confidence in Greenvolt’s execution capabilities and long-term growth potential, the statement adds.

The update revealed the first phase of the capital increase, totaling EUR 100 million, would be completed in the coming days, and that the rest is expected to be completed by September 30. The Portuguese firm’s core business segments are sustainable biomass, utility scale, and distributed generation.

Greenvolt sold renewable energy assets for EUR 528.3 million in the first half of the year

It tends to sell 70% to 80% of its large-scale projects at the ready-to-build (RtB) or commercial operation date (COD) phases. Greenvolt said two months ago that it held a 13.2 GW pipeline across 18 countries, aiming to bring at least 5.3 GW to RTB by the end of the year. The renewable energy company has a probability-weighted pipeline of 4.3 GW in BESS across nine countries, with projects under construction in Poland, the United Kingdom and Hungary.

Greenvolt said its asset rotation sales in the first half of the year reinforced its capacity to finance the next investment cycle in Europe, North America and Asia.

“This capital increase is part of the path we’ve been building alongside our shareholder and once again demonstrates its commitment to Greenvolt’s strategy,” Chief Executive Officer João Manso Neto stated.

In early June, the company said it has agreed to sell a 231 MW portfolio of wind and solar projects in Spain, through its partnership with Green Mind Ventures, to Transiziona. The deal was worth EUR 195 million. Earlier this year, Greenvolt divested of EUR 333.3 million worth of utility-scale assets in Poland, mostly wind power.

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