Swiss-based MET Group has begun the construction of its 80MW solar park in Romania.
Located in the county of Dâmbovița, the solar project brings MET’s renewable energy portfolio in Romania to more than 260MW of PV plants and 10MW of co-located battery energy storage capacity.
Three of the four renewable projects in Romania have already reached ready-to-build status.
The four parks will cover a total of 400 hectares in the counties of Arad, Dâmbovița and Bihor.
MET Group aims to become a major player in the European renewables industry, with Romania identified as one of the key markets.
MET Group’s Green Assets Division is investing in solar, wind, and battery energy storage systems (BESS) across Europe.
Executive chairman of the Green Assets Division Clive Turton said: “MET Group’s business strategy and investment profile are fully aligned with energy transition priorities.
“Over the past four years, 70% of the company’s capital expenditure has been directed towards renewable assets.
“MET Group is committed to providing access to green energy through Power Purchase Agreements for a wide range of customers.
“These agreements enable consumers to have direct offtake contracts with producers ensuring stable, long-term, competitively priced green energy sourcing.”