HELLENiQ Energy Targets Romania as Core Renewables Market with 1.3 GW Pipeline

Greek energy group HELLENiQ ENERGY is making Romania a cornerstone of its clean-power expansion in Southeast Europe, unveiling plans for a renewables and storage portfolio of up to 1.3 gigawatts backed by more than one billion euros in investment.

The company’s renewables arm, HELLENiQ Renewables, presented the program at a formal launch event in Bucharest. Romania now ranks as the company’s second-largest growth market for clean energy after its home country of Greece, and management expects Romanian assets to represent 40 percent of total installed capacity by 2030.

The portfolio spans three technology areas:

• Solar: four operating parks totalling 211 MW, with further projects under development
• Wind: a 96 MW facility in Galați county scheduled to come online in 2027
• Battery storage: 500 MW of grid-scale capacity

Existing solar installations already supply enough electricity for more than 155,000 households. Once the Galați wind park is commissioned, it is projected to meet the annual power needs of an additional 150,000 families.

Deputy chief executive George Alexopoulos said the company is building a diversified clean-energy portfolio designed to serve the needs of the Romanian market. Across the broader region, HELLENiQ’s total renewables spending is set to surpass two billion euros before the end of the decade.

Source: reNews