13 May, 2024

DRI celebrates inauguration of first two projects in Romania

Last month, DRI, together with its parent company DTEK, brought together national, local and international partners in Bucharest to celebrate the inauguration of its first two projects, both in Romania. 

The projects, both operational since the start of this year, are:  

  • Ruginoasa windfarm, 60MW with 10 Vestas V162-6.0 MW turbines in Iasi County. The first wind farm built in a decade in Romania.  
  • Glodeni solar park, 53MW, in Mureș County.  

Together the two will produce approximately 225,000 MWh of electricity annually – enough to supply more than 58,000 homes and reduce carbon emissions by 58,000 tonnes a year. 

John Stuart, CEO DRI, said at the event: “Romania was an obvious and important market to work in for DRI. It has great wind and solar resource, and with our capital and expertise we turned ideas into completed projects in record time.”  

“Whilst we put a lot of resources into both projects to make them a success, we could not have achieved this without the support and professionalism of many partners,” he added. 

Local finance partner, Cristina Mahika-Voiconi, General Manager Libra Internet Bank, said: “We congratulate DRI on the successful completion of their projects in Romania. Libra Internet Bank is always looking for innovation and thinking about the future, and it has been great to work together with DRI on the financing of the Glodeni solar park. This is such an important project to drive Romania’s sustainable development, and we are grateful for the professional and positive manner of our partnership with DRI.” 

The two projects in Romania are the first of DRI’s plans to build 1GW of renewable energy in the country and thereby help the country reach its net zero goals. 

DRI aims to have a portfolio of 5GW of renewable energy and battery storage by 2028 across its four priority countries, Croatia, Italy, Poland and Romania.