Renewable energy companies Simtel and Monsson have announced a strategic partnership to develop solar and energy storage projects in Romania. This collaboration aims to construct and sell photovoltaic and/or hybrid projects with a total installed capacity of approximately 150 MWp. Additionally, the partnership will focus on developing energy storage solutions with a capacity of up to 120 MWh, as stated by Simtel.
To fund these initiatives, both companies plan to leverage their own financial resources, bank financing, and other funding avenues, including green bonds and European funds. The project portfolio can be executed in its entirety or in phases, depending on market demands and development opportunities. This flexible approach will enable the companies to adapt to changes in the energy sector and respond effectively to new challenges.
The partnership will also explore energy storage options to enhance the balancing and efficiency of electrical grids, addressing the increasing demands for national energy stability and security. Simtel and Monsson intend to adopt an integrated model that covers the entire project life cycle—from planning and development to construction, sale, and, in some cases, long-term operation.
Ana Nedea, Director of Strategy and Business Development at Simtel, highlighted that the collaboration will combine the resources and expertise of both companies to deliver projects that will help reduce carbon emissions and enhance Romania’s energy independence. This partnership aligns with Simtel’s strategy for the 2025–2030 period, during which the company aims to implement 500 MWp of green energy production capacity and expand its energy storage infrastructure by 300 MWh.
Sebastian Enache, Monsson’s head of MA, emphasized that the company has developed innovative energy storage solutions for large systems, which enhance stability in the national energy grid and add value to energy investments. He noted that their patented water-cooling solutions for PRIME batteries and high-performance software, tailored for the Romanian market, will ensure continuous renewable energy generation for the projects they implement.
