Parapet secures major Alerion contracts for solar parks

Business Forum
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.

The projects, which include sites in both Romania (Teleorman and Călărași counties) and Italy (Puglia and Tuscany regions), will see Parapet install a combined capacity of nearly 80.8 MWp of photovoltaics.

The total portfolio of projects—named Sass Maor, Ambiez, Dănești, Sant'Agata, Torremaggiore, Gavorrano, and Grottole Verga—involves the installation of approximately 120,000 bifacial photovoltaic modules. These will cover an extensive area of 110 hectares, with most installation works expected to be completed next year.

A key highlight of the collaboration is the Sant'Agata site in Italy. This photovoltaic plant will be connected to an existing 20 MW wind farm, creating a hybrid energy project that combines solar and wind technologies.

The collective capacity is projected to generate over 150 GWh of green electricity annually, which will be fed into the national grids in Romania and Italy, contributing to an annual reduction of carbon emissions by more than 45,000 tons.

Andrada Moldovan, CEO of Parapet, said: " We now have the internal capability to deliver complete renewable projects — from site setup to commissioning and grid connection. We expect a significant expansion of our portfolio in Italy and Germany, while continuing to grow our presence in Romania."

Parapet's international expansion has been steady, with the company already opening an Italian branch and signing contracts worth approximately €5 million across six Italian regions. Since its establishment in 2012, Parapet has reached over 2 GW of installed clean energy across 15 European countries.

RECOMMENDED
EBRD backs solar plants in Romania with €192 million package
Energy

EBRD backs solar plants in Romania with €192 million package

The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.

Simtel completes Romanias largest solar park on degraded land
Energy

Simtel completes Romania's largest solar park on degraded land

Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.

Digi Communications reports 16% revenue growth on nine months
Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

Romania among EUs most property tax-friendly countries
Real estate

Romania among EU's most property tax-friendly countries

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

RECOMMENDED FROM THE HOME PAGE
Real estate

Star Invest appoints ex-BVB CEO as CFO

Star Residence Invest, the first investment platform listed on the Bucharest Stock Exchange (BVB) dedicated to the real estate sector, has appointed Adrian Tănase as CFO.

Finance

RBL joins EBRD Civil Society Committee for 2026-2027

The Romanian Business Leaders Foundation (RBL) has been accepted as a member of the European Bank for Reconstruction and Development's Civil Society Steering Committee for a two-year mandate from 2026 to 2027.

READ MORE
Business Forum  |  5 February, 2026 at 3:33 PM
Business Forum  |  5 February, 2026 at 1:14 PM