Swiss-based MET Group strengthens its presence in the Romanian market for renewable energies, commencing the construction of its 80 MWp solar project in the Răscăeți municipality (Dâmbovița county). The company’s renewable energy portfolio in Romania includes more than 260 MWp of photovoltaic power plants and 10 MW of co-located battery energy storage capacity.

“When we enter a market, we try to add value to it. We knew the French market well and, by analysing its specificities, we realised that we could bring something to the table for a type of customer such as VSEs and SMEs,” Giovanni Caporale, CEO of MET France, told News Tank.

Swiss-based MET Group is set to acquire a 68.5% stake in the Belgium-based energy and telecom supplier Mega Group International. The transaction is still subject to the usual competition authority approvals.