SUBSCRIBE
PROFILE

ENNA Solar acquires 87.5 MW solar project in Romania for €60mn

Croatian ENNA Solar acquires an 87.5 MW solar project in Romania from Kraftfeld Energy and plans to start construction in the third quarter of 2025.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90€/month

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99€/year

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Sign up for free to unlock this article

Croatian energy company ENNA Solar, a subsidiary of ENNA Group, has signed an agreement with Austrian company Kraftfeld Energy to acquire a ready-to-build solar power plant project in Romania with a capacity of 87.52 MW, according to a press release issued on April 28. Construction is expected to start in the third quarter of 2025, with commissioning scheduled for the third quarter of 2026.

An investment of €60mn for a strategic project

The investment is estimated at approximately EUR60mn ($64.3mn). The power plant will be located in Giurgiu County, near Mihăilești, 25 kilometres southwest of Bucharest. The project will cover an area of 93 hectares, equivalent to around 130 football fields, and is expected to generate an average of 133 GWh of electricity per year, according to ENNA Solar.

Boštjan Napast, President of the Management Board of ENNA Group, stated that this project represents their first large-scale investment outside Croatia and is among their major renewable energy production initiatives.

Regional development strengthened by new solar projects

The Mihăilești project joins a dynamic region for solar development. Nearby, Israeli company Nofar is building the 146 MW Ghimpați solar power plant, while 169 MW and 74 MW projects are also under development in Iepurești and Slobozia respectively.

Kraftfeld Energy, the initial developer of the project, owns and operates solar farms and energy storage systems in several European countries, primarily Romania, Hungary, Croatia, and Austria.

A solar component integrated into a broader investment plan

The acquisition of the Mihăilești site is part of ENNA Group’s ten-year development plan, which includes EUR330mn ($353.7mn) of investments in solar projects in Croatia and internationally. Additionally, ENNA is also developing wind farms, geothermal projects, and battery storage systems.

In the geothermal sector, ENNA has two active geothermal power plant projects in Croatia, with capacities of 20 MW and 15 MW respectively, representing a total investment of EUR240mn ($257.2mn).

  • Popular on energynews.pro
Washington challenges Maryland offshore wind farm permit in federal court
Octopus Energy partners with Ming Yang to accelerate wind development in the UK
Vallourec signs $1bn contract with Petrobras for Brazilian offshore operations
Rosatom and CNNC formalise cooperation agreement on nuclear training
JERA targets 20-year contract for Alaskan LNG with Glenfarne
Entech secures €14mn contract for agrivoltaic power plant in Mayenne
Entech wins its largest photovoltaic project with a €14mn contract to build and maintain a 30 MWp plant in Mayenne, scheduled for commissioning in 2027.
GreenYellow installs 700 kWc solar plant for Dupol Next in Zanica
GreenYellow has signed an agreement with Dupol Next for the construction of a self-consumption solar power plant at the industrial site in Zanica, northern Italy.
GreenYellow installs 653 kWc solar plant on CMC industrial site in Poland
GreenYellow has signed an agreement with manufacturer CMC to build a 653 kWc rooftop solar plant for self-consumption at its Andrychów site, strengthening its presence in Poland's industrial sector.
Daikin assigns ENGIE to supply solar power to its Texas sites under five-year deal
Japanese manufacturer Daikin has signed a five-year agreement with ENGIE North America to supply solar electricity to its Texas sites, including its main North American production centre.
Meyer Burger gives up on rescue amid Chinese pressure and US uncertainty
Facing falling Chinese prices and unstable energy policies in the United States, Swiss solar module manufacturer Meyer Burger announces the end of its recovery efforts.
Acciona Energía deploys a 412MWp solar plant in Rajasthan
Acciona Energía has completed the commissioning of its largest plant in India, a 412MWp solar facility capable of powering 840,000 households annually.
Macquarie injects $350mn to support Nexamp’s solar and storage expansion in the United States
Macquarie Asset Management has granted $350mn in financing to Nexamp to accelerate the development of large-scale solar and battery storage projects across the U.S.
Three groups launch Taqa to produce solar energy locally in Ramallah
Three economic institutions based in Ramallah have founded a company named Taqa to develop renewable energy production in the region, with no connection to the Emirati company of the same name.
Global solar photovoltaic installers market to reach $651bn by 2030
The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.
Release by Scatec expands hybrid solar plants to 64.4 MW in Cameroon
The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.
ACWA Power secures 800MW in Morocco with technical support from Gotion High-Tech
ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.
QatarEnergy awards Samsung contract for 2,000 MW solar plant in Dukhan
QatarEnergy has signed a contract with Samsung C&T to build a solar power plant in Dukhan, set to reach 2,000 MW capacity by 2029, doubling the country’s solar output.
Billion Watts launches 2026 solar-storage project in Australia with six more planned
Billion Watts begins construction on its first solar-plus-storage project in Australia, scheduled for 2026, relying on an international consortium and a strategy focused on the volatility of the national electricity market.
Longroad Energy secures financing for its 400 MW solar project in Texas
Longroad Energy has closed financing and started construction of the 1000 Mile Solar project in Texas, with a capacity of 400 MWdc, supported by Meta and an international banking consortium.
Sunrun raises $510mn through new securitization, surpassing $1.5bn in quarterly debt
Sunrun completed its fifth securitization deal of 2025, bringing non-recourse debt raised in the third quarter to over $1.5bn.
Odyssey receives $7.5 million from BII to fund solar mini-grids in Nigeria
Odyssey Energy Solutions secures $7.5 million from British International Investment to support access to solar equipment under Nigeria’s DARES programme.
Cameroon boosts solar capacity with additional 28.6 MWp in Maroua and Guider
The Cameroonian government launches the extension of two solar plants in the Far North, increasing their combined capacity to 64.4 MWp, with support from international investors.
Statkraft sells 1.5 GWp portfolio in India to Serentica Renewables
Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.
UNITe wins two photovoltaic projects in Puy-de-Dôme
Independent power producer UNITe has been selected to develop two solar power plants on municipal land in Avèze and Malauzat, following a call for tenders by the French Energy Regulatory Commission.
First half of 2025 dominated by solar despite Washington policy pushback
Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.

Log in to read this article

You'll also have access to a selection of our best content.