Jantzen Renewables is a Romanian renewable energy project developer focused on advancing a portfolio of early-stage, or greenfield, projects. Currently, it boasts a pipeline of over 1 GW, comprising solar, wind, and storage projects.

“We specialize in early-stage development and combine financial strength with expertise to elevate projects to an institutional standard. Our mission is to deliver sustainable, high-quality energy solutions for households, businesses, and communities,” says Razvan Popa, CEO of Jantzen Renewables, in an interview with Energía Estratégica España.

Popa confirms that they are exploring new wind projects and co-development opportunities. “With a long-term perspective, we prioritize innovation and actively explore new technologies and market opportunities to build a cleaner energy future,” he adds.

In 2024, the company reached a significant milestone: the sale of its 710 MW photovoltaic project in Teleorman to OMV Petrom, one of the largest energy players in Southeast Europe. According to Popa, “these ready-to-build projects represent one of the region’s most important renewable initiatives, with the capacity to generate over 20,000 GWh over 25 years.”

Goals and Diversification: A Medium-Term Vision

In the short term, Jantzen Renewables will continue focusing on greenfield development of large-scale renewable energy projects. In the medium term, the company aims to diversify its scope. “Our strategy prioritizes the development of triple-A projects and forming co-development partnerships to ensure institutional standards,” explains Popa.

Collaboration with strategic partners is emerging as a key tool. According to the CEO, “co-development agreements are essential to adding value and ensuring project quality.”

A High-Potential Market with Significant Challenges

Romania presents itself as a high-potential market for renewable energy. However, Popa notes that current regulations limit its full development, especially in areas such as energy storage and cross-border certificates of origin.

“Early-stage financial risks, complex permitting procedures, and regulatory uncertainty around storage and land use are notable challenges,” the CEO explains.

He also asserts that energy storage is the next focus of the Romanian energy market, as it is close to more developed Western European markets and will follow trends that have supported the development of BESS (Battery Energy Storage Systems) projects. “The penetration of renewable energy projects is driving the need for technologies that enable market balancing,” he emphasizes.

To boost the sector’s growth and address these challenges, Popa highlights the need for clearer regulations for storage and hydrogen, streamlined land use permitting, enabling cross-border certificates of origin to align with European Union practices, and financial incentives for advanced technologies like Power-to-X.