Romania solar power expansion

In late July 2026, Romania saw two notable developments in its solar sector. A joint venture between US‑based Ameresco and Greece’s Sunel Group secured an EPC contract to build the 58 MW Iratoșu solar plant in Arad County, with expected annual generation of 72–84 GWh and an investment of €35‑50 million. Around the same time, Romanian manufacturer Electro‑Alfa International began construction of the 9.8 MW CET 2 Holboca solar park in Iași, converting a former coal depot into a facility expected to produce nearly 10 GWh annually.

Simultaneously, industry analysts highlighted broader market trends and challenges. Romania is approaching 300,000 prosumers and over 3,000 MW of installed photovoltaic capacity, with corporate investment accelerating as firms seek cost stability. Experts warned that installing panels without proper demand‑side management can erode savings, and that high summer temperatures can reduce panel output by up to 12 % despite increased irradiance. Effective planning and modernised equipment were identified as key to ensuring financial and environmental benefits from the country’s green‑energy transition.