Turkish Firms Could Hold 40% of Romania’s Solar Capacity

Turkish investors could account for 40% of Romania’s installed solar capacity once ongoing projects are completed, said Mesut Güler, head of the Black Sea Energy Cooperation Association (BESCA) and Enexus Holding.

Güler said battery storage investments could reach 4 gigawatts. He said Enexus has commissioned 200 megawatts of solar capacity in Romania and started construction on a further 400 megawatts.

A solar-and-battery project under preparation in Romania has a total investment cost of 20 million euros, Güler said. It is planned to connect to the electricity grid and begin commercial operations in June 2027.

Romania’s energy strategy through 2035 targets an additional 20 gigawatts of solar and wind capacity, according to Bogdan Mihailescu, the Romanian Embassy’s trade attaché in Ankara. He said financing opportunities are available for 2 gigawatts of energy storage capacity.

BESCA administrative director Alina Ştefan said more than 40% of capital invested in Romania’s solar projects comes from Turkish investors, Turkish capital or companies with Turkish partners.

Mihailescu said Turkish investment in Romania reached 10 billion euros over the past decade, including 2 billion euros in investment volume last year. He said the two countries seek to become a regional energy player and hub together.