MET Group builds 80 MWp solar project in Romania

Green Forum
Swiss-based MET Group has commenced construction on an 80 MWp solar project in the Răscăeți municipality, Dâmbovița County. The company's renewable energy portfolio in Romania now exceeds 260 MWp of photovoltaic capacity, complemented by 10 MW of co-located battery energy storage.

Of the four renewable energy projects MET Group is developing in Romania, three have already reached ready-to-build status. Spanning a total of 400 hectares across the counties of Arad, Dâmbovița, and Bihor, these projects mark a significant step in the company's expansion in the region.

Romania has been identified as a key market in MET Group's strategy to strengthen its presence in the European renewables sector. Through its Green Assets Division, the company continues to invest in solar, wind, and battery energy storage systems (BESS) across Europe. Its portfolio encompasses operational assets, projects under construction, and developments at various stages of maturity. MET is also advancing its technological capabilities by investing in both standalone BESS projects and co-located storage solutions.

The Green Assets Division focuses on three core business areas. First, it manages and optimizes renewable assets owned by MET Group. Second, it develops renewable energy projects from the ground up, either integrating them into its portfolio or offering them to partners once they reach ready-to-build status. Additionally, the division provides operation and maintenance (O&M) services for both its own assets and those of third parties.

Clive Turton, Executive Chairman of the Green Assets Division, highlighted MET Group's commitment to energy transition goals, stating: “Our business strategy and investment approach are fully aligned with the shift toward renewables. Over the past four years, 70% of our capital expenditure has been directed towards renewable assets. MET Group remains dedicated to facilitating access to green energy through power purchase agreements (PPAs), ensuring long-term, stable, and competitively priced renewable energy for a broad spectrum of customers.”

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Green Forum  |  29 April, 2025 at 8:00 PM
Green Forum  |  29 April, 2025 at 6:14 PM