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.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
Polish renewable energy developer R.Power has signed its first power purchase agreement (PPA) in Romania with an undisclosed energy trading company.
Harmony Energy, a UK-based developer and operator of renewable energy projects, has completed the sale of a 200-MW/400-MWh battery storage project in Poland to EDF Renewables Polska.
The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.
