Recently, independent power producer Econergy from Israel released its report for the first three quarters of 2025, revealing that its renewable energy portfolio in Romania has reached a total scale of 3,402 megawatts, making the country its core strategic hub among its seven major European markets.
According to the report, Econergy’s 30 localized projects in Romania form a comprehensive portfolio: 504 megawatts are operational or grid-ready, 1,055 megawatts are under construction, 460 megawatts are approved and awaiting construction, and an additional 1,383 megawatts have received initial development permits. The combined operational and under-construction capacity ranks first in its European footprint, underscoring the strategic priority of the Romanian market.
Econergy has been actively advancing its initiatives in Romania. In October, the company acquired its partner Nofar’s 50% stake in the 155-megawatt Rătești photovoltaic power station, gaining full ownership of Romania’s largest solar plant. It also plans to build a 120-megawatt energy storage system alongside it. In August, the 87-megawatt Oradea photovoltaic power station in northwestern Romania commenced operations, bringing the total operational and grid-ready capacity to 447 megawatts. Currently, Econergy operates four solar power stations in Romania, with 788 megawatts under construction and an additional 559 megawatts expected to commence construction by the end of the year. On the financing front, the company secured €25 million last month for the 56-megawatt Scurtu Mare project in Teleorman County, which includes plans for a 42-megawatt energy storage system.
In international cooperation, Econergy achieved another significant milestone in late October by renewing its EPC contract with Shanghai Electric for the second phase of the 342-megawatt Părău project. The two parties previously collaborated on the 92-megawatt first phase, which has delivered substantial benefits since its commissioning last year. The second phase, scheduled for commercial operation in 2027, has secured a 15-year Contract for Difference (CfD) for 45% of its capacity and will be equipped with a 125-megawatt energy storage system, further enhancing the synergistic “solar plus storage” model.
As a frontrunner in Europe’s energy transition, Econergy operates across seven major markets, including Germany, the United Kingdom, and Italy, with a global project portfolio exceeding 14 gigawatts. By the end of the third quarter, its total assets amounted to nearly €900 million. Its concentrated efforts in Romania not only benefit from the country’s green energy subsidy policies but also inject momentum into the energy transition in Central and Eastern Europe.
