Romania’s solar capacity has expanded further with the commissioning of the Vacaresti solar power plant, a 126 MW project developed by DRI, the renewable energy arm of Ukrainian DTEK. With the facility now producing electricity, DRI’s operational portfolio in Romania has grown to nearly 300 MW.
Construction of the Vacaresti project progressed rapidly, reaching completion in under twelve months. At full capacity, the solar plant is expected to generate enough electricity to meet the annual needs of around 50,000 households. Commercial arrangements are already in place: starting in January 2027, half of Vacaresti’s production will be delivered under a long-term power purchase agreement with OMV Petrom, based on a contract signed at the end of 2024.
Financing for the project was secured earlier this year, with DRI obtaining up to 60 million euros in non-recourse funding from UniCredit and Garanti BBVA. The funds supported both construction and the initial operational phase of the facility.
Vacaresti joins a growing list of renewable assets that DRI has brought online in Romania over the past three years. These include the Glodeni I and II solar power plants, with a combined capacity of 113 MW, and the 60 MW Ruginoasa wind farm.
