Enery, a leading independent renewable energy producer in Central and Eastern Europe, has officially commenced the construction of the Ogrezeni hybrid energy project in Romania's Giurgiu County. The cutting-edge facility will combine photovoltaic (PV) power generation with battery storage, boasting an impressive installed capacity of 761 MWp/534 MW AC and over 1 GWh of battery storage. Once completed, it is expected to rank among the largest hybrid renewable energy projects in Europe.
The Ogrezeni project is set to play a crucial role in Romania’s transition to cleaner energy. Upon becoming operational, it will generate enough green energy to power approximately 684,000 households and is projected to reduce carbon dioxide equivalent emissions by around 303,000 tonnes annually. Construction of the plant is slated to begin in the first quarter of 2026, with energization planned for summer 2027.
"This project reflects our strategy of combining robust development and execution capabilities with deep local participation", said Enery co-founders Richard König and Lukas Nemec. "By working with local partners, contractors and stakeholders, we are ensuring that the benefits of the energy transition are shared broadly – from secure green power and new jobs to lasting community investments."
The project also underscores Enery’s commitment to supporting Romania’s decarbonization and energy security goals by introducing large-scale, price-stable renewable capacity to the grid.
The Ogrezeni plant is supported by substantial financial and institutional backing. Enery has partnered with the Three Seas Initiative Investment Fund (3SIIF), a dedicated infrastructure fund that focuses on enhancing energy security and economic growth across the region. In December 2025, a €460 million project finance loan agreement was secured with eight commercial banks, coordinated by UniCredit, to fund the development of the plant.
"We’re pleased to break ground on this landmark project, which, once complete, will make an important contribution to energy security in the region", said Edward Randolph, a member of Enery’s Investment Board and Investment Director at Amber Infrastructure.
Alexandra Bocse of the Romanian Investment and Development Bank, a key participant in 3SIIF, added, "We are delighted to support this project and continue 3SIIF’s track record of investment in Romania’s energy infrastructure."
The construction and operation of the Ogrezeni plant are expected to provide significant economic benefits to the local community. During the construction phase, approximately 350 jobs will be created, alongside increased demand for local services such as accommodation, logistics, and dining. Post-commissioning, local resources will be utilized for the operation and maintenance of the plant, contributing to long-term employment opportunities.
"Ogrezeni is a flagship project for Romania – not only because of its scale, but because of the way it has been designed around local value creation", said Liviu Gavrila, Country Manager Romania at Enery. He emphasized the involvement of Romanian engineering and construction firms and noted that tax revenues and economic benefits from the project would flow back into surrounding communities.
The main engineering, procurement, and construction (EPC) partner for the project is Romania-based ENEVO Group. "Being selected by Enery to deliver Ogrezeni is a major milestone for us", said Cristian Pirvulescu, CEO of ENEVO Group. He highlighted their pride in contributing to what will become Romania’s largest PV plant, stressing the importance of incorporating locally produced materials and workforce.
Enery has included community stakeholders in the project since its inception, holding regular meetings and conducting continuous impact assessments to ensure the project aligns with environmental and social standards. Enery’s ESG (environmental, social, and governance) initiatives in Romania have already included installing community PV systems, restoring local habitats, and running educational programs on climate and energy.
Liviu Gavrila reiterated the company’s focus on sustainability and collaboration: "From local engineering and construction companies to long-term service providers, Romanian partners will play a central role throughout the life of the project. The energy produced here will support the country’s decarbonization efforts while directing tax revenues and economic benefits back into the surrounding communities."
With its ambitious goals and strategic partnerships, Enery’s Ogrezeni project is a testament to the potential of large-scale renewable energy developments to drive economic growth, reduce emissions, and contribute to energy security. As construction begins, this hybrid energy plant is poised to leave a lasting impact on Romania’s energy landscape and beyond.
