PRESS RELEASE
Bucharest, December 22, 2025
WALDEVAR Energy and Entek Elektrik accelerate green investments in Romania with a solar park of at least 200 MWp
WALDEVAR Energy announces the signing of the contract for the development of the first photovoltaic park in Romania for Entek Elektrik, subsidiary of Turkiye’s largest industrial enterprise Tüpraş, a regional leader in energy, refining and advanced energy infrastructure. The project, located in Niculești, will have an installed minimum capacity of 200 MWp, strengthening Entek Elektrik’s strategy to expand in the zero-carbon energy sector and marking a significant investment in Romania’s energy transition.
As General Contractor, full EPC, WALDEVAR Energy will manage the complete design, construction and installation of the photovoltaic park. The company will also provide Operation and Maintenance (O&M) services for a two-year period after completion, ensuring continuous operation and optimal technical performance.
This project represents the largest contract in the WALDEVAR Energy portfolio. The company has become a European benchmark in the photovoltaic EPC sector, with nearly 2.5 GW of contracted and secured projects in Romania and across Europe. The expansion of its O&M division reflects its commitment to protecting client investments, maximizing energy production and ensuring the long-term sustainability of renewable energy assets.
Through the Niculești investment, Entek Elektrik takes a significant strategic step in its international growth journey, strengthening its position in the zero-carbon energy sector, as a company actively operating across wind, solar and hydropower assets, marking its first investment in Europe. This project reflects Entek Elektrik’s long-term strategic commitment to advancing clean energy technologies and strengthening its international presence, underscoring the importance and scale of the Niculești development for both the company and the region.
The project generates direct benefits for the local community, contributing to the sustainable economic development of the area. During implementation, more than 200 workers and specialists will be involved in technical and operational activities, stimulating the local labor market and supporting the development of a skilled regional workforce. The investment creates new economic opportunities for local businesses and accelerates the modernization of Dâmbovița County’s energy infrastructure. By integrating ESG practices and adopting clean technologies, the project helps build a more resilient local ecosystem, reduces the carbon footprint and strengthens a long-term sustainable economy.
Nicolae Constantin, COO WALDEVAR Energy
“The signing of this contract marks a defining moment for WALDEVAR Energy and reaffirms our position as a European leader in the EPC sector. This is an ambitious project, developed together with Entek Elektrik and we are proud to contribute to the creation of a sustainable and high-performance energy asset for the Romanian market.”
Bilal Tuğrul Kaya, Entek Elektrik
“The Niculești project represents an important step in expanding our renewable energy portfolio and highlights Entek Elektrik’s commitment to investing in clean technologies and sustainable infrastructure. Choosing WALDEVAR Energy as our partner for the implementation of this project confirms their professionalism and ability to deliver at international standards.”
The Niculești photovoltaic project is a strategic milestone in transforming Romania’s energy landscape and demonstrates how strong partnerships between companies such as Entek Elektrik and WALDEVAR Energy can create economic, technological and social value. Both companies reaffirm their commitment to investing in sustainable energy infrastructure and advancing the transition towards a greener future.
