Econergy Renewable Energy has successfully secured a significant win in Romania’s recent Contracts for Difference (CfD) auction with its 310 MWdc Parau 2 solar project. The project has been awarded a 125 MWac CfD capacity at a price of €49.4/MWh under a 15-year, index-linked contract, ensuring long-term stability and financial viability.
The expected cumulative revenue for Parau 2 during the CfD period is estimated at €447 million. Located in the Brașov region, the Parau 2 project is currently in the licensing phase, with construction set to begin in 2025 and commercial operation planned for 2027.
Econergy is preparing to submit additional projects in Romania’s 2025 CfD auction, where 3,500 MW of capacity is expected to be allocated.
Econergy Renewable Energy, a leading developer in Romania’s renewable energy sector, is underscoring its market leadership with this large-scale project.
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