Enery has expanded its renewable energy portfolio by acquiring 32 photovoltaic (PV) plants in Slovakia, adding 34.6 MW of installed capacity.
Strategic Acquisition of Slovakia Photovoltaic Plants
Enery, a leading independent green power producer in Central and Eastern Europe, has significantly expanded its portfolio by acquiring a portfolio of 32 operational photovoltaic (PV) plants in Slovakia. This acquisition adds a substantial 34.6 MW of installed capacity to Enery’s growing green power portfolio.
Enery now owns 42 PV plants in Slovakia, bringing its total installed capacity in the country to 61.1 MW. The company is also actively developing an additional 25 MW of PV capacity, signaling a strong commitment to the Slovakian market. This acquisition is a key part of Enery’s broader strategy to increase its renewable energy assets across Central and Eastern Europe (CEE). Understanding the basics of solar panel manufacturing is key to appreciating the scale of such an investment and its impact on the region’s energy landscape.
The newly acquired, fully operational PV plants are located in western Slovakia and will be seamlessly integrated into Enery’s existing operations. The company has been actively expanding its renewable energy footprint in the CEE region, and this acquisition marks a significant step forward in its growth strategy.
Details of the Transaction
The sellers in this transaction were the local investment funds IP Solar IV and IP Solar V. The deal was advised by the law firm Schoenherr Attorneys at Law. While Enery did not disclose the financial terms, the acquisition is set to strengthen the company’s position in the Slovakian renewable energy market.
Enery’s Chief Operating Officer, Robert Golob, expressed his satisfaction with the acquisition. “We are pleased to have completed the acquisition of these 32 PV plants, which will further strengthen our position in Slovakia,” Golob said. “This transaction aligns with our strategy to expand our renewable energy portfolio and contribute to the region’s energy transition.”
The acquisition of these PV plants is expected to contribute significantly to Slovakia’s renewable energy targets. The additional capacity will help reduce the country’s reliance on fossil fuels and lower greenhouse gas emissions. Slovakia has set ambitious goals for increasing its share of renewable energy, and Enery’s investment will play a crucial role in achieving these objectives, a trend explored in the Slovakia Solar Panel Manufacturing | Market Insights Report.
Enery’s Growing Portfolio of Slovakia Photovoltaic Plants
With this acquisition, Enery’s total installed renewable energy capacity in Slovakia now stands at an impressive 61.1 MW. The company’s portfolio, built using assets from a sophisticated solar panel manufacturing process, includes a mix of PV plants and other renewable energy assets across the CEE region. The reliability of these assets often depends on the quality of the solar panel raw materials used in their construction.
In addition to its operations in Slovakia, Enery is also expanding its renewable energy assets in other countries, including Romania, the Czech Republic, and Bulgaria. The company’s total installed capacity across the CEE region now exceeds 350 MW.
Enery’s strategy focuses on the acquisition and development of renewable energy projects in markets with strong growth potential. The company aims to become a leading renewable energy provider in Central and Eastern Europe, and the acquisition of these PV plants in Slovakia is a significant step toward achieving this goal.
Future Plans for Slovakia Photovoltaic Plants
Enery plans to continue its expansion in the renewable energy sector, with a particular focus on solar and wind projects. The company is currently developing additional PV capacity in Slovakia and exploring new opportunities in other CEE countries. For any new development, a detailed understanding of the solar panel manufacturing plant cost breakdown is essential for planning future growth and ensuring financial viability.
Enery is also investing in advanced technologies and solar panel manufacturing machines to improve the efficiency and performance of its renewable energy assets. The company is committed to providing clean and affordable energy to its customers while contributing to the global fight against climate change.
The acquisition of these 32 PV plants in Slovakia marks another milestone in Enery’s growth journey. The company’s increasing renewable energy portfolio will play a vital role in supporting the region’s transition to a low-carbon economy.
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