Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the end of 2026. The project is forecast to produce around 70 GWh annually, equivalent to the electricity use of more than 44,000 households.
Financing package and Contract for Difference support
Lazuri is one of four Romanian solar developments included in a €44 million financing package arranged by ING Bank and UniCredit Bank in June 2026. The four projects have combined installed capacity of around 75 MW. The Lazuri plant also has a 15-year Contract for Difference, providing long-term revenue support and limiting exposure to wholesale electricity price fluctuations.
The project’s bank financing combined with the long-term CfD is designed to strengthen its bankability. This comes as European solar developers face increasing merchant-price volatility and periods of depressed daytime electricity prices. In this context, Lazuri’s revenue arrangements are part of the structure supporting its financing.
Pipeline scale and technical configuration
R.Power has developed a Romanian pipeline of around 1.5 GW, covering solar, hybrid renewable projects and battery storage. The company’s Central and Eastern European growth strategy includes Romania as a key market. Lazuri’s installation comprises 88,708 photovoltaic modules.
The modules are linked through six medium-voltage substations. Construction completion does not yet indicate commercial operation, as network connection remains the final critical step. Across Romania, grid connection has become increasingly important as rapid renewable development adds pressure on transmission and distribution capacity.
Status toward commercial operation
After it receives grid access, Lazuri will add another utility-scale renewable asset to the Romanian power system. Even with generation capacity in place, the project’s financing structure remains a significant element of turning development into operating assets. Long-term revenue support alongside bank financing is described as increasingly forming the template for bringing large renewable pipelines into operation.
