Turkish investors are preparing increasingly large-scale solar energy and battery storage projects in Romania, as major energy companies and industrial groups enter the local market or expand their existing presence. This was the key takeaway from the second edition of the “Türkiye-Romania Energy Forum,” organized in mid-October in Ankara by the Black Sea Energy Cooperation Association (BESCA).
According to a press release from the organizers, the forum-held under the theme “Developing the New Wave of Energy Investments”-brought together investors, banking representatives, technology solution providers, and consultants from both Romania and Turkey. Participants presented investment plans and discussed the conditions necessary for their implementation.
“We are witnessing a growing interest from major Turkish energy companies and industrial groups-entities that possess the experience, resources, and willingness to make long-term investments. Their presence, combined with the scale of the projects they are considering, signals that energy cooperation between our two countries has reached a stage of maturity. BESCA’s role is to strengthen this investor community and facilitate access to expertise and institutions in Romania, thereby establishing a solid foundation for long-lasting collaboration,” stated Mesut Guler, President of BESCA. One example is Entek Elektrik, part of the Koç Group, which presented its project to add battery storage capacity at the same site as its 205 MWp photovoltaic park in Dâmbovița County-a project where construction is already more than halfway complete.
Additionally, Akfen Renewable Energy showcased its first renewable energy investment outside of Turkey: a project that combines solar power generation with battery storage, developed in partnership with a Romanian entity. Construction is slated to begin in 2027.
Claritas Investments, an international investment group, is developing a portfolio of over 550 MWp of photovoltaic capacity, alongside 2 GWh of battery energy storage, in Timiș County.
The specialized forum also featured the perspective of the Romanian Embassy in Turkey regarding opportunities for bilateral cooperation in the fields of renewable energy, storage, and grid infrastructure.
“Romania and Turkey have the opportunity to take their energy cooperation to a new level. Romania requires significant investment in renewable energy, storage, and the modernization of its electrical grids-areas where Turkish companies possess strong expertise in engineering, equipment manufacturing, and project implementation,” emphasized Bogdan Mihăilescu, the newly appointed Head of the Economic and Commercial Section at the Romanian Embassy in Turkey. Overall, the event in the Turkish capital covered topics such as the selection of investment projects, access to European funds, technology, the financing and operation of energy assets, and showcased the firsthand experiences of investors in the Romanian market.
“Romania possesses an experienced energy industry and the specialists required to support these increasingly large-scale investments. Through BESCA, we facilitate Turkish investors’ access to this expertise and foster relationships among companies, financial institutions, and public authorities in both countries. This represents a tangible contribution to economic diplomacy, through which this investment interest can evolve into lasting business relationships and closer cooperation between Romania and Turkey,” concluded Alina Ștefan, Executive Director of BESCA.
The Black Sea Energy Cooperation Association (BESCA) is a regional platform dedicated to developing cooperation and investment within the energy sector of the Black Sea region.
