What Happened

R.Power secured €42 million in financing from ING and UniCredit for four solar projects in Romania, totaling 75 MWp. These projects, including a 55 MWp high-voltage project, are expected to be operational by 2027.

Who Is Affected

This funding impacts R.Power, ING, UniCredit, and the Romanian renewable energy market. It also creates opportunities for vendors and partners in the solar and energy storage sectors.

Market Impact

• R.Power’s Romanian solar pipeline now stands at 2 GW, with operational projects and others awarded Contracts for Difference.
• Romania’s renewable energy market is increasingly attractive, supported by strong fundamentals and bankable projects.
• R.Power’s overall CEE solar pipeline reaches 10 GW, spanning Poland and Romania.

What to Watch

Monitor R.Power’s progress in Romania as it explores co-located battery energy storage opportunities. Additionally, watch for further financing announcements as R.Power continues to expand its renewable energy portfolio.