Engie Secures 224 MW in Romanian Renewable Auction

• Engie's Romanian division secures 224 MW in renewables, advancing towards 1 GW by 2030 with solar and wind projects in Dambovita and Constanta counties.

Engie's Romanian division secured 224 MW of renewable energy capacity in Romania's second Contracts for Difference (CfD) auction. The company won with a 170-MWp solar photovoltaic project in Cornatelu, Dambovita county, and a 54-MW wind project in Mereni commune, Constanta county. Both projects received 15-year CfD tariffs, contributing to Engie's goal of reaching 1 GW of installed renewables capacity in Romania by 2030.

In the auction, Romania awarded a total of 1,488 MW of solar capacity and 1,263 MW of wind capacity across multiple projects. Strike prices for wind energy ranged from EUR 65.17 to EUR 79.50 per MWh, while solar projects ranged from EUR 35.5 to 45.2 per MWh. The largest single bids were 211 MW for wind and 260 MW for solar.

How did Engie perform in Romania's second Contracts for Difference auction?

• Engie secured a total of 224 MW of renewable energy capacity in Romania's second CfD auction.
• The company won with a 170-MWp solar photovoltaic project in Cornatelu, Dambovita county.
• Engie also secured a 54-MW wind project in Mereni commune, Constanta county.
• Both projects received 15-year CfD tariffs.
• Engie's participation aligns with its goal of reaching 1 GW of installed renewables capacity in Romania by 2030.
• Romania's auction awarded a total of 1,488 MW of solar capacity and 1,263 MW of wind capacity.
• Strike prices for wind energy ranged from EUR 65.17 to EUR 79.50 per MWh.
• Solar project strike prices ranged from EUR 35.5 to 45.2 per MWh.
• The largest single bids in the auction were 211 MW for wind and 260 MW for solar.