Turkish industrial groups have moved from buying permitted Romanian solar projects to building them. This page explains why the corridor works, how Turkish groups have entered and what changes when a Turkish investor operates inside the EU framework.
In shortTürkiye is Romania's largest non-EU trading partner, with bilateral trade of about USD 13.5 billion in 2025 and roughly 20,000 companies with Turkish capital operating in Romania. In renewable energy, Turkish industrial groups have announced multi-hundred-megawatt solar, wind and storage plans, acquired permitted photovoltaic projects in several Romanian counties, and signed EPC contracts for Romanian plants. Romania offers these investors euro-denominated, EU-regulated revenue routes (15-year CfDs, PPAs, merchant sales) and EU Modernisation Fund support.
Key facts
The commercial relationship predates the energy transition. According to Romania's Ministry of Economy, Türkiye is the country's largest non-EU trading partner, bilateral trade reached about USD 13.5 billion in 2025, and almost 20,000 companies with Turkish capital operate in Romania in construction, manufacturing, retail, logistics and, increasingly, energy. Turkish contractors and equipment suppliers already know Romanian construction sites; energy is a natural extension.
For energy investors specifically, Romania adds what Türkiye cannot: EU membership. Revenue routes are regulated under EU rules and denominated in euros, the CfD scheme is approved by the European Commission and financed from the Modernisation Fund, the power market is coupled with the EU day-ahead market, and production inside the EU sits inside the CBAM perimeter rather than outside it. Turkish groups with EU offtakers or EU-listed ambitions have found that combination attractive.
The corridor also runs the other way. Turkish EPC contractors, module and structure suppliers and O&M providers bring delivery capacity to a Romanian market in which experienced contractors are the scarce resource for the roughly 4.2 GW of CfD-awarded projects due by 2028.
Three patterns stand out in the investments reported by the Romanian and international business press in 2025-2026. The individual groups, projects and figures are covered, with their sources, in our Türkiye-Romania analyses.
The first wave bought permitted or ready-to-build solar projects. By 2026 the same groups had moved to construction, which is the phase our July 2026 analysis of the Turkish build-out in Romania describes in detail.
Announced plans now combine solar, wind and storage in the same Romanian portfolio, run to several hundred megawatts and include batteries from the start rather than as a later addition.
Acquisitions have clustered in a few Romanian regions where permitted projects and grid capacity could be found at the same time.
We name individual investors, projects and counterparties only in our dated analyses, where every claim carries its source.
A short comparison of the elements that most often surprise investors moving from the Turkish to the Romanian framework. It is a summary, not legal advice.
| Topic | Romania in 2026 | Note |
|---|---|---|
| Revenue support | 15-year two-way Contracts for Difference awarded by auction, strike prices in EUR/MWh (round-2 solar average EUR 40.46/MWh), financed with EUR 3 billion from the Modernisation Fund. | Storage is not covered by the CfD; PPAs and merchant sales are the alternatives. |
| Currency and market | Euro-denominated contracts inside the EU internal market; day-ahead prices on OPCOM coupled with the EU market (EUR 109.56/MWh average in May 2026). | Price shape matters: negative midday hours already occur. |
| Grid access | Technical connection permit (ATR), then capacity allocation under Transelectrica's 2026 procedure with a EUR 20,000/MW participation guarantee (ANRE Order 15/2026). | Allocation is area-based; location is part of the bid. |
| Public funding | EU Modernisation Fund calls run by the Ministry of Energy, such as the EUR 150 million standalone battery call open until 30 October 2026. | Hard deadlines and per-company caps. |
| Ownership and land | Projects held through a Romanian company; no sector-specific foreign ownership restrictions for generation. Agricultural land follows the pre-emption procedure of Law 17/2014; long-term land rights are common. | Non-EU individuals typically invest through a Romanian company. |
| Carbon rules | Production inside the EU sits within the CBAM perimeter; corporate buyers increasingly require hourly matching evidence for green supply. | Relevant for groups exporting to the EU. |
Market entry briefings and regulatory maps in English, with Romanian counterparts handled in Romanian.
Sourcing and screening of solar, wind and storage opportunities against the 2026 grid and permit rules.
Company set-up and EPC: one Romanian counterpart from registration to energisation, building the plant under ANRE (Romanian Energy Regulatory Authority) certifications E1, E2 and A3.
Operations and maintenance after commissioning and, soon, the sale of the electricity produced.
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Koç, Tüpraş, Fiba, Ulusoy and Yeşilyurt have quietly made Romania their renewable energy beachhead.
Fiba Group has just entered Romania with a 500 MW renewable energy portfolio, that move say more about the market than the company itself.
