Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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HomeSEE Energy NewsRomania, MET Group...

Romania, MET Group to expand into Romanian RES market

MET Group, electricity and natural gas supplier and trader already present on the Romanian market through MET Romania Energy, recently entered the Polish renewable energy market and plans to expand its portfolio in Romania as well.

The company recently took over a 60 MW solar power plant project in western Poland. Construction is expected to start in 2023. This is MET’s first investment in the renewable energy sector in Poland.

The Swiss-based company has expanded strongly into the renewables market in recent years, taking over a number of wind and solar farms in Italy, Spain, Bulgaria and Hungary.

The Group’s CEO for renewable energy Christian Hurlimann said that MET is now eyeing further investments in renewable energy in Romania, Croatia and Germany.

MET has subsidiaries in 13 countries, with activities in 27 national gas markets and 22 international energy hubs. The Group reported consolidated revenues of 18.1 billion euros in 2021, up from 11.2 billion a year earlier.

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