Insider Brief
- Ameresco SUNEL Energy SA has secured €303.4 million in EPC contracts to build three solar parks totaling 466 MWp in southwestern Romania, marking a major step in the country’s coal phase-out by 2032.
- The projects will deploy over 757,000 fixed-tilt solar modules and are expected to offset 734,789 tonnes of CO₂ annually, supporting Romania’s climate goals and strengthening its energy independence.
- The joint venture between Ameresco and SUNEL Group will manage full lifecycle development, with completion expected within 18 months, further expanding Ameresco’s strategic footprint across Europe.
PRESS RELEASE – Ameresco SUNEL Energy SA, a joint venture between Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, and SUNEL Group, an international solar PV EPC contractor, announced €303.4 million EPC Contracts for three solar parks located in the southwestern region of Romania. These 466 MWp solar projects represent a major milestone in Romania’s journey towards enhancing its energy security, fostering economic growth, and meeting its climate commitments. It will replace coal-fired power generation and bolster the nation’s commitment to phasing out coal by 2032.
As the Engineering, Procurement, and Construction (EPC) contract provider, Ameresco SUNEL Energy SA is dedicated to ensuring the highest efficiency and environmental standards. Ameresco SUNEL Energy SA will oversee the design, procurement, construction, commissioning, operation, and maintenance.
“These projects exemplify our commitment to advancing renewable energy solutions and underscore the importance of Europe’s growth and stability,” said Pete Christakis, President of East USA & Managing Director of Ameresco SUNEL Energy SA. “By leveraging our expertise and resources, we are not only helping Romania achieve its clean energy goals but also reinforcing our strategic diversification across Europe.”
The projects will feature over 757,000 fixed-tilt solar modules, designed to maximize energy capture and efficiency while contributing to the region’s transition away from coal-fired power generation. Once fully operational, the solar parks are expected to offset approximately 734,789 tonnes of CO₂ emissions annually, contributing to Romania’s and Europe’s broader net-zero commitments.
“Romania’s vast solar potential, combined with strategic investments in renewable energy, will position the country as a leader in Europe’s clean energy transition,” commented Konstantinos Zygouras, Vice President at Ameresco SUNEL Energy SA. “We are proud to partner with OMV Petrom CEO to drive this ambitious project forward, fostering economic growth while contributing to a more sustainable future.”
Construction of the projects is expected to be completed within 18 months, bringing Romania closer to its renewable energy targets while strengthening its position as a regional leader in the transition to clean energy.
To learn more about solar power solutions offered by Ameresco, visit https://www.ameresco.com/solution-solar-power/
