Econergy launches 87 MW solar park in Romania

Econergy Renewable Energy has started commercial operation of its 87 MW Oradea solar power plant, developed with Phoenix Holdings, and plans to add battery storage.

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Romania, Oradea: Econergy Renewable Energy has officially connected its 87 MW solar park in Oradea, Romania, to the national grid and launched commercial operations. The project is the company’s fourth photovoltaic facility in the country, bringing Econergy’s total operational and ready-to-connect capacity in Romania to 447 MW.

The developer is also building another 788 MW across Romania and expects to begin construction of an additional 559 MW by the end of 2025.

The Oradea plant was developed in partnership with Israeli financial services company Phoenix Holdings, which has invested more than $263 M (€225 M) in Econergy’s projects in Romania and Poland.

Econergy already operates several major solar sites in Romania, including the 154.7 MW Rătești solar park, the largest in the country, developed with Nofar Energy. It also runs the 92 MW Părău facility near Brașov, a joint venture with RGreen Invest, and the 55 MW Scurtu Mare project with Phoenix Holdings as a minority partner.

As part of its strategy to combine renewable generation with storage, Econergy plans to install a 68 MW co-located battery energy storage system at Oradea. The addition is expected to enhance grid flexibility, create new revenue opportunities, and optimise energy sales.

“The successful connection of Oradea marks another milestone for Econergy in Romania,” said Eyal Podhorzer, CEO of Econergy. “It reflects our ability to deliver large-scale projects while strengthening our partnership with Phoenix Holdings as we expand across Europe.”

Source: Balkan Green Energy News

#Battery Storage#Econergy Renewable Energy#Eyal Podhorzer#Oradea solar park#Phoenix Holdings#Romania