Econergy Renewable Energy has connected its 87MW Oradea solar PV project in Romania to the national grid.
The project, held indirectly through Econergy International Limited, is the company’s fourth operational solar farm in the country, bringing its connected and ready-to-connect portfolio to 447MW.
Econergy said a further 788MW is under construction in Romania, with another 559MW expected to start building by the end of 2025.
As part of its strategy to integrate storage into its Romanian portfolio, Econergy plans to add a 68MW battery energy storage system to Oradea. The developer said this would enhance the economic value of the site through new revenue streams, grid-balancing services and optimised electricity sales.
The project was developed in partnership with Phoenix Holdings, which has invested more than €225m in Econergy’s projects in Romania and Poland.
Eyal Podhorzer, CEO of Econergy, said: “The successful connection of Oradea marks another important milestone for Econergy in Romania. This achievement underscores our ability to deliver large-scale renewable projects while advancing our strategy of integrating storage solutions to maximise value for our stakeholders.”
Econergy added it is in advanced talks to secure project financing for Oradea.