Photo: Econergy
D.Trading, the pan-European trading arm of DTEK Group, signed a renewable electricity offtake deal for 200 MW of installed solar power capacity in Romania with renewable energy developer and operator Econergy. The power purchase agreement (PPA) includes the country’s largest photovoltaic plant.
D.Trading announced that it would purchase electricity from solar power plants Rătești and Părău in Romania. The deal for Econergy’s assets is for 200 MW. The PPA reflects growing market demand for structured renewable offtake products and marks an important milestone in the commercialisation of the two photovoltaic facilities, the announcement adds.
“Partnering with leading companies such as Econergy supports our long-term strategy of expanding renewable energy integration across the region. This agreement strengthens our green power portfolio and represents another step more towards becoming the leading provider of solutions for renewable assets and battery storage in Eastern Europe,” said Head of D.Trading Power Desk EU Stanislav Dudka.
The company operates in Central, Eastern, and Southeastern Europe. D.Trading is the pan-European trading arm of DTEK Group, which also owns DRI.
Econergy is planning to add a 120 MW battery energy storage system to its Rătești solar power plant
As Romania’s power market continues to evolve, shaped by price volatility, regulatory development, and the growing need for flexible solutions to support grid stability, Econergy has successfully executed multiple bankable commercial agreements, the update reads.
Rătești, Romania’s largest solar power plant, was completed in late 2023. The facility northwest of Bucharest, in Argeș county, has 155 MW in peak capacity. Econergy is planning to add a 120 MW battery energy storage system.
Părău was commissioned in late 2024. The PV plant of 92 MW is in Brașov county in the central part of Romania.
The Părău 2 project is for 342 MW, together with 150 MW of battery storage. It won a 15-year contract for difference (CfD) at the country’s first round of renewable energy auctions.
Be the first one to comment on this article.