Solar projects in Oltenia advance: large-scale deliveries of solar panels

Jun 30, 2026

4 min read

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Photovoltaic
Projects
Renewable energy
  • Total number of ~800,000 panels for the four parks

OMV Petrom, the largest integrated energy producer in South-Eastern Europe, together with Complexul Energetic Oltenia (CE Oltenia), announce the arrival in Romania of the first batch of photovoltaic panels - part of a total of approximately 800,000 panels - for the four solar parks with a total capacity of approximately 550 MW, currently under construction in the localities of Ișalnița, Tismana and Rovinari. This marks another major step in implementing one of the most extensive renewable energy programs in Romania.

“The arrival of the panels in Romania shows real progress on site and confirms the strong pace of the project. It is an important step forward and an example of a public–private partnership that works”, said Franck Neel, OMV Petrom Executive Board Member responsible for Gas and Power.

"The arrival of the first lot of photovoltaic panels confirms the progress of the renewable energy projects developed in partnership with OMV Petrom and represents an important stage in the implementation of the investments provided for in the company's restructuring and decarbonization plan. These projects contribute to diversifying the production mix and strengthening the long-term development perspective of the Oltenia Energy Complex", declared Constantin-Cosmin Trufelea, President of the Oltenia Energy Complex Directorate.

First 100 MW of panels arrived in the Port of Constanța and will be transported to the sites

The first batches of panels recently arrived in Romania being unloaded in the Port of Constanța. From there, the equipment will be loaded onto specialized trucks and transported in stages to photovoltaic park locations.

In total, ~1,500 truck deliveries will be needed in this large-scale logistics operation, coordinated so that installation works can begin immediately as panels reach the construction sites.

Technical details about the panels

The photovoltaic panels are manufactured by a renowned global manufacturer and are part of the N-type Half-cell Bifacial Module generation.

Technical characteristics include:

  • Total number of ~800,000 panels for the four parks - enough to cover an area comparable to Bucharest’s Herăstrău Park, or more than 1,500 football fields.

The panels are designed to operate optimally under varying temperature and solar radiation conditions, ensuring stable and efficient long‑term production.

Installation works will begin upon the arrival of the panels on site

With the arrival of the first shipments, construction teams will start installing the panels on the mounted structures. Activities will be carried out in parallel across the three sites, in line with the execution schedule.

The photovoltaic parks are expected to become operational in 2027, and the energy produced will cover the equivalent annual consumption of approximately 500,000* households.

Strategic investment for the energy transition

The total investment value exceeds 400 million euros, of which approximately 70% is financed through the Modernisation Fund. The first tranche, worth around 70 million euros, was received in December 2025.

OMV Petrom and CE Oltenia are equal partners in the project, each holding 50%.

Reskilling for the future: from mining to renewable energy

OMV Petrom supports the RenewAcad program, carried out in partnership with the CE Oltenia, through which the company's employees benefit from professional retraining for activities specific to the production of energy from renewable sources. As part of this initiative, which is ongoing at the company level, employees have the opportunity to get involved in the construction and operation of photovoltaic parks. To date, approximately 255 employees of the Oltenia Energy Complex have graduated from the specialization course "Installer for solar photovoltaic systems", acquiring skills in the assembly, commissioning and maintenance of photovoltaic systems. The initiative is part of a larger effort through which over 10,000 professionals have been trained to support Romania's energy transition.

*Estimate based on the average capacity factor for solar energy in Romania and the average household electricity consumption according to ANRE data.

About OMV Petrom  

OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual Group hydrocarbon production of approximately 38 million boe in 2025. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant. The Group is present on the oil products retail market in Romania and neighbouring countries through approximately 780 filling stations under two brands – OMV and Petrom. 

OMV Petrom is listed on the Bucharest Stock Exchange, with a 28.1% free float. As of end-2025, Romanian shareholders held around 45% of the shares (of which the Romanian state held 20.7%, while 24.4% were owned by pension funds in Romania, as well as other Romanian natural persons and legal entities). OMV Aktiengesellschaft, held a 51.2% stake in OMV Petrom, and the remaining 3.7% were held by other foreign investors.

OMV Petrom is one of the largest contributors to the state budget, with more than 48 billion euro in taxes and dividends paid between 2005 and 2025. During the same period, the company invested over 21 billion euro, and has allocated around 210 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.

Our commitment to climate change mitigation is reflected by our consistent efforts to reduce our emissions, with the long-term goal to achieve net zero operations by 2050.

About Oltenia Energy Complex

Oltenia Energy Complex is one of the main electricity producers in Romania, and the most important lignite-based energy company in the country, playing an important role in ensuring the safe operation of the National Energy System.

The company is implementing a comprehensive restructuring and decarbonization program, which includes the development of energy production capacities from renewable sources and natural gas, contributing to the transition to a sustainable and competitive energy system.