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The European Union’s renewable energy transition reached a historic milestone in 2025, driven by an unprecedented expansion of solar power and a massive spike in electric vehicle (EV) adoption. According to the latest quarterly market reports, the bloc is successfully stabilizing its energy markets while rapidly accelerating its green infrastructure.
Energy major OMV Petrom has secured a landmark green energy supply deal, signing the largest physical solar Power Purchase Agreement (PPA) in Romania’s history. Under the terms of the record-breaking PPA, OMV Petrom will purchase 50% of the electricity generated by the newly licensed 126-megawatt-peak (MWp) Văcărești solar park in Dâmbovița County.
Romanian state-owned hydropower operator Hidroelectrica has selected a contractor for its inaugural 10 MW floating solar power plant, which will be located on the reservoir of the Ipotești hydroelectric plant.
Romania has announced a major investment of approximately 325 million lei (around €65 million) from the EU-backed Modernisation Fund to support the construction of solar parks across 47 public institutions. The initiative aims to promote self-sufficiency and reduce energy costs in key community facilities, including schools, hospitals, and local government buildings.