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Shanghai Electric Signs Parau Phase II 342 MW PV Project with Econergy, Supporting Romania's Green Future

Shanghai Electric (SEHK: 2727, SSE: 601727) celebrated a major milestone on October 1 with the signing of the second phase of the 342 MW photovoltaic (PV) general contracting project (the "Project") in Parau, Romania, with Econergy Renewable Energy Ltd. ("Econergy"). Once completed, the project is expected to supply clean electricity to both residential and commercial users, underscoring Shanghai Electric's steadfast commitment to advancing green energy development across Central and Eastern Eur

articleShanghai Electric Group Company Limited Class AOctober 24, 20253/company/shanghai-electric-group-co-ltd/news/shanghai-electric-signs-parau-phase-ii-342-mw-pv-project-with-econergy-supporting-romanias-green-future
Shanghai Electric Signs Parau Phase II 342 MW PV Project with Econergy, Supporting Romania's Green Future

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[{"type":"text","content":"As Shanghai Electric's fourth photovoltaic project in Romania, this initiative marks a major step forward for the country's clean energy sector.","length":152,"tagName":"p"},{"type":"text","content":"SHANGHAI, Oct. 24, 2025 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) celebrated a major milestone on October 1 with the signing of the second phase of the 342 MW photovoltaic (PV) general contracting project (the "Project") in Parau, Romania, with Econergy Renewable Energy Ltd. ("Econergy"). Once completed, the project is expected to supply clean electricity to both residential and commercial users, underscoring Shanghai Electric's steadfast commitment to advancing green energy development across Central and Eastern Europe.","length":573,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Shanghai Electric)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Shanghai Electric)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":199,"url":"https://media.zenfs.com/en/prnewswire.com/60ca06ddffb47418a1507301dc17b4ef"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VwjbL6Pty94.oPNPFpditg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/60ca06ddffb47418a1507301dc17b4ef","width":400,"height":199}},"href":"https://mma.prnewswire.com/media/2346204/Shanghai_Electric_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Shanghai Electric will continue to harness its technological strengths in wind power, photovoltaics, and energy storage to drive the region's green transition," said Mr. Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group. "Building on our successfully completed projects in Romania, we aim to further strengthen our presence across Central and Eastern Europe and deliver tailored solutions that accelerate Romania's energy transformation."","length":498,"tagName":"p"},{"type":"text","content":"The Project also represents a key component of Econergy's strategic expansion across Romania and the wider Central and Eastern European region. According to Andrea Loi, Vice President of Operations at Econergy, "Our decision to partner with Shanghai Electric reflects our full confidence in its technical expertise, projec...

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Shanghai ElectricRomaniaParauPVclean energyCentral and Eastern EuropeEconergythe project-- Shanghai Electricenergy transformation