Ameresco SUNEL Energy Wins €303.4 Million Contract for 466 MWp Solar Projects in Romania

Ameresco SUNEL Energy SA, a joint venture between Ameresco, Inc., 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.