Ahold Delhaize, Rezolv Energy sign major renewable power deal in Romania

Retail group Ahold Delhaize, which owns the Mega Image, Profi, and Shop&Go brands, and renewable energy producer Rezolv Energy have signed a 10-year Virtual Power Purchase Agreement covering electricity from two projects in Romania. The deal combines solar and wind generation and represents around 14% of their expected combined annual output.

The agreement covers 370 GWh of renewable electricity per year from the 1.3 GWp Dama Solar project in Arad county and the 300 MW Dunarea East Wind Farm in Constanța County.

Together, the projects are expected to generate approximately 2,580 GWh annually, equivalent to almost 5% of Romania’s electricity consumption in 2025, according to the companies.

Ahold Delhaize will receive Guarantees of Origin for ten years after the two facilities enter commercial operation, currently scheduled for 2029.

“We are pleased to support the development of these wind and solar projects in Romania, which will add new renewable capacity to the grid,” said Lenka Duskova, CFO of Ahold Delhaize Europe and Indonesia.

Dama Solar is expected to generate approximately 1,800 GWh per year and cover more than 1,000 hectares. Rezolv Energy said that it also set aside 82 hectares within the site for a nature reserve.

Dunarea East forms part of the larger Dunarea East & West Wind Farms project. Both Dama Solar and Dunarea East secured Contracts for Difference in Romania’s second CfD auction in 2025.

“This is one of the largest and most important corporate renewable energy agreements ever signed in Southeastern Europe,” Rezolv Energy CEO Alastair Hammond said. “By committing to such a significant share of the output from these two projects, Ahold Delhaize has become a key corporate investor in Romania’s energy transition.”

The deal is Rezolv Energy’s eighth virtual power purchase agreement in Romania and Bulgaria and its first with a retailer. It is also the first such agreement signed for both Dama Solar and Dunarea East.

“This is the first virtual PPA covering both Dama Solar and Dunarea East,” said Jaroslava Korpanec, head of Central and Eastern Europe infrastructure at Actis. “It illustrates how corporate buyers from different sectors will secure renewable power in Romania: long-term, at scale, and across solar and wind.”

Launched in 2022 by Actis, Rezolv Energy has a 2.8 GW portfolio of renewable projects in operation, under construction, or at an advanced stage of development across Southeastern Europe. Its other Romanian projects include the 461 MW VIFOR Wind Farm in Buzău county, whose first phase entered commercial operation in October 2026.