Greenvolt Expands Solar Portfolio in Central and Eastern Europe with 77 MW of Projects
Portuguese renewable energy producer Greenvolt is solidifying its footprint in Central and Eastern Europe, advancing a significant development pipeline that prominently features 77 MW of solar projects in Romania. This move underscores the company’s commitment to diversifying its renewable energy assets and contributing to the region’s green transition.
A Multi-Faceted Approach with Greenvolt solar projects
While the 77 MW solar portfolio is a key component of its strategy, it is part of a much larger, diversified utility-scale pipeline Greenvolt is developing in Romania. This comprehensive approach demonstrates a deep investment in the country’s energy future, complementing the solar capacity with an impressive 555 MW of wind projects and 156 MW of battery energy storage solutions.
This balanced portfolio highlights Greenvolt’s strategy to build robust and resilient renewable infrastructure. By integrating solar, wind, and energy storage, the company is poised to address the dynamic energy needs of the region, enhancing grid stability and ensuring a consistent supply of clean power.
Tangible Progress and Financial Backing for Greenvolt solar projects
Greenvolt’s commitment to the region is backed by tangible progress and strong financial partnerships. The company recently secured a significant €58.5 million financing package from Erste Group Bank AG and Banca Comercială Română (BCR) for its 49.8 MW Săcele onshore wind farm. Construction on this project is already underway, with commissioning expected in the second quarter of 2026.
This successful financing for a major wind project serves as a powerful indicator of Greenvolt’s execution capabilities and the confidence the financial community has in its development strategy across Central and Eastern Europe.
Strategic Importance of Greenvolt solar projects in the Region
In a recent statement, Greenvolt CEO João Manso Neto emphasized the strategic importance of this market, noting, “Central and Eastern Europe, and Romania in particular, remain strategic markets for Greenvolt, where we continue to execute and deliver high-quality projects.”
The expansion, including the 77 MW of solar projects, is pivotal for enhancing regional energy security, driving decarbonization efforts, and reducing dependence on imported fossil fuels. By developing a substantial portfolio of renewable assets, Greenvolt is not only pursuing its corporate growth objectives but also actively supporting the broader energy independence and climate goals of Central and Eastern Europe.
