NextE invests €35 million in solar park in Romania

Alina Oprea
nextE has announced the signing of a corporate PPA for a solar plant in Romania with an installed capacity of over 50 MW. This is the largest Corporate PPA (Power Purchase Agreement) contract for green energy in Romania. Thus, nextE will invest approximately €35 million for the design and implementation of the photovoltaic plant composed of 78,000 photovoltaic panels and 130 inverters, as well as its own 110/20kV substation.

"nextE, a renewable energy company operating as an Independent Energy Producer (IPP) - announces the continuation of the development of the solar C&I market (Commercial & Industrial consumers) in Romania and its EaaS (Energy as a Service) product by signing a new contract Corporate PPA (Power Purchase Agreement) between a consumer and a producer of renewable energy. Based on this contract, nextE will deliver long-term green energy to its client from a photovoltaic plant of 42.9 MW / 51.48 MWp, this being the largest on-site solar C&I project in Romania and one of the more important in the region", informs the company.

All components will be state-of-the-art, the power plant being developed on an area of ​​50 hectares in an agri PV regime that allows grazing to continue on the power plant site, thus reducing the impact on the community and local activities.

This is the latest nextE project from the development plan, which involves the realization of 500 MWp by 2027 in photovoltaic projects through which the energy will be delivered directly to large commercial and industrial consumers in Romania.

"The signing of the partnership between nextE and our client represents a landmark event for the photovoltaic industry and the C&I market in Romania: we mark a partnership and an investment with an immediate impact on sustainability in Romania, through which nextE will realize the largest C&I project in Romania and among the largest in Europe. We continue to invest in several projects at various stages of implementation, totaling approximately 160 MWp, with our target being to reach a capacity of 500 MWp by the end of 2027. We will continue to address electricity consumers in Romania with offers and products which ensure the sustainability of their activity", says Octavian Ciucă, Co-Founder & Co-CEO of nextE.

Bogdan Cordoș, Chief Legal and Strategy Officer of nextE states that, for nextE, the energy transition involves not only the protection of the environment by reducing emissions but also the continuation of economic activity on a financially sustainable basis.

 "After the completion at the end of last year of the first C&I investment in Romania, PvPP nextE Alpha Prundu Bargaului, through this latest long-term partnership, nextE continues its strategy to produce green energy for large consumers in Romania, guaranteeing the security of supply and price through the EaaS structure. nextE's strategy is to maximize the impact of green energy production by delivering it where it is most needed - to the large consumers in Romania, who must reduce their impact on the environment and at the same time ensure their competitiveness", he adds.

RECOMMENDED
Atria Urban Resort installs 296 solar panels
Real estate

Atria Urban Resort installs 296 solar panels

Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.

RECOMMENDED FROM THE HOME PAGE
Sustainability moves from ambition to action
Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.

Finance

ProCredit Bank Romania launches CO2 calculator for SMEs

ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.

Energy

DSV boosts energy self-sufficiency with solar power

DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.

Energy

Etem Gestamp signs cross-border wind power deal with Rezolv

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.

READ MORE
Green Forum  |  24 April, 2026 at 11:04 AM
Green Forum  |  14 April, 2026 at 8:46 AM