MET Group buys ready-to-build PV project in Romania

Business Forum

11 March, 2025 at 2:12 PM

Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld, a Vienna-based PV and battery energy storage systems (BESS) developer.

The project has a capacity of 80MW and has an EPC contract in place, with construction expected to start this month.

Law firm Vlasceanu & Partners has advised the seller on the deal. The firm added that the deal strengthens Kraftfeld's strategy of optimizing its project pipeline while accelerating the energy transition in the EU region.

MET Group's renewable energy portfolio in Romania includes more than 260 MWp of photovoltaic power plants and 10 MW of co-located battery energy storage capacity.

Premier Energy starts construction of €75 million BESS project in Romania

Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.

Energy

Econergy secures €31 million for solar project in Romania

Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.

Energy

Econergy secures €40.5 million financing for solar project in Oradea

Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.

Energy

Simtel 9-month revenue jumps 88% on strong PV and BESS contracts

The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.

Energy

Simtel Team opens subsidiary in Sweden

Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.

Energy

SolarToday commissions 10.32 MWh battery storage system in Romania

SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).

Energy

Allview Energy completes solar park project for the Cacica Salt Mine

Visual Fan's Allview Energy division has completed a 1.96 MWp photovoltaic park project at the Cacica Salt Mine in Pârteștii de Jos, Suceava County.

LATEST NEWS

12 Jun

Strabag acquires Romanian railway firm Bawi Construction

12 Jun

Hidroelectrica appoints new CEO amid energy transition push

12 Jun

Logistics continues to lead the market

11 Jun

Visual Fan energises 120 MWh battery storage project in Romania

11 Jun

TechAngels names new President

RECOMMENDED FROM THE HOME PAGE

Energy

Hidroelectrica appoints new CEO amid energy transition push

Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.

Energy

Visual Fan energises 120 MWh battery storage project in Romania

Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.

Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

Industry

Iulian Stanciu sells eMAG stake to Prosus

Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).

Economy

BCG: Romanian consumers grow more pessimistic amid economic fears

Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).

POPULAR

Energy

3 months ago

Romania's new emergency measures target fuel speculation and supply shortages

Energy

3 months ago

Romania maintains oil reserves for 90 days amid Middle East tensions

Energy

3 months ago

Eurostat: Romania remains more energy-independent than the EU average

Energy

2 months ago