As Shanghai Electric’s 4th photovoltaic job in Romania, this effort marks a significant advance for the nation’s tidy energy sector.
SHANGHAI, Oct. 24, 2025/ PRNewswire/– Shanghai Electric (SEHK: 2727, SSE: 601727) commemorated a significant turning point on October 1 with the finalizing of the 2nd stage of the 342 MW photovoltaic (PV) basic contracting job ( the “Job”) in Parau, Romania, with Econergy Renewable Resource Ltd. (” Econergy”) As soon as finished, the job is anticipated to provide tidy electrical power to both property and business users, highlighting Shanghai Electric’s unfaltering dedication to advancing green energy advancement throughout Central and Eastern Europe
” Shanghai Electric will continue to harness its technological strengths in wind power, photovoltaics, and energy storage to drive the area’s green shift,” stated Mr. Wu Lei, Secretary of the Celebration Committee and Chairman of Shanghai Electric Group “Structure on our effectively finished tasks in Romania, we intend to more enhance our existence throughout Central and Eastern Europe and provide customized services that speed up Romania’s energy improvement.”
The Job likewise represents an essential part of Econergy’s tactical growth throughout Romania and the broader Main and Eastern European area. According to Andrea Loi, Vice President of Operations at Econergy, ” Our choice to partner with Shanghai Electric shows our complete self-confidence in its technical proficiency, job execution abilities, and substantial global experience. We eagerly anticipate close cooperation in between our groups to make sure the smooth development and effective commissioning of this landmark job.”
The Parau Stage 2 job is Shanghai Electric’s 4th photovoltaic effort in Romania, structure upon the business’s recognized performance history in the nation’s renewable resource sector. This follows the effective commissioning of the Parau Stage I 91.4 MW PV job, which was likewise performed by Shanghai Electric under an EPC agreement. The Stage I predict gotten its Provisional Approval Certificate from the customer in November 2024 and now provides green electrical power to roughly 70,000 families, minimizing co2 emissions by about 6,800 loads each year. Shanghai Electric’s Romanian portfolio even more consists of the Schultu 56 MW PV Job, which accomplished provisionary approval in June of this year and has actually now entered its two-year guarantee and operation duration, while the Ovidi’s 60 MW PV EPC job, contracted in January, is presently under building and construction.
Since October 2025, Shanghai Electric’s tasks in Romania have actually an integrated capability of roughly 550 MW, offering continual momentum for the country’s long-lasting tidy energy advancement.
On the exact same day as the finalizing of the Parau Stage II 342 MW PV job, Mr. Wu Lei held different conferences with Chinese Ambassador to Romania Chen Feng and Istvan-Lorant Antal, Chairman of the Romanian Energy Committee. “ Romania is actively advancing its energy structure improvement, mainly in the locations of photovoltaics, energy storage, gas turbines, and power transmission and circulation. We’re anticipating deepening cooperation with exceptional business like Shanghai Electric to collectively establish renewable resource tasks,” stated Istvan-Lorant Antal
Mr. Wu Lei likewise performed top-level talks with executives from Austria’s OMV Group to check out brand-new cooperation chances in the area’s energy sector, even more reinforcing Shanghai Electric’s essential function in Romania’s renewable resource shift.
To find out more, please check out https://www.shanghai-electric.com/group_en/
SOURCE Shanghai Electric