The acquisition was completed through Enspire Enerji Yatırımları ve Hizmetleri A.Ș., a subsidiary of Entek Elektrik Üretimi A.Ș., which is 99.23% owned by Tupras Turkiye Petrol Rafinerileri.
Entek is a joint-stock company based in Turkey. Tupras is Turkey's largest industrial enterprise and the seventh-largest refinery in Europe. It is part of Koç Holding, which also controls the Ford Otosan plant in Craiova and the Arcelik group, known for the Beko brand in Romania (formerly Arctic).
Renewable Energy Insurance Broker (REIB) insured the largest photovoltaic park in Southeastern Europe, located in Ratesti, Arges County, Romania.
Econergy Renewable Energy, a leading renewable energy developer and Independent Power Producer (IPP), announced its success in the recent Romanian Contracts for Difference (CfD) auction with the Parau 2 solar project.
Romania is set for a significant expansion in the photovoltaic sector in 2025, driven by funding programs such as Casa Verde and RePower EU.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.
Global renewable energy capacity grew by a record-breaking 15.1% in 2024 to reach 4,448 gigawatts (GW).
Polish solar energy installer Columbus Energy has completed another sale of photovoltaic assets to renewable energy developer GoldenPeaks Capital.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
Polish solar contractor Eko Prime has completed a 14.71 MW photovoltaic installation in Turowo, located in the West Pomeranian province.
MORE, together with PPC Renewables, has included eight new photovoltaic power plants—totaling 882.4 MW—in their renewable energy development portfolio.
