The agreement is one of the largest corporate renewable electricity PPAs signed in Southeastern Europe and among the first in Romania to combine solar PV and wind generation under a single contract.
The two projects are expected to generate approximately 2,580 GWh of electricity annually, equivalent to almost 5% of Romania's total electricity consumption in 2025. Ahold Delhaize will contract approximately 14% of their combined annual output and receive Guarantees of Origin for 10 years, starting when both projects enter commercial operation in 2029.
The agreement is Rezolv Energy's eighth virtual PPA in Romania and Bulgaria and its first with a retailer. It is also the first VPPA covering both Dama Solar and Dunarea East.
Dama Solar is a 1.3 GWp solar PV project in Arad County, western Romania, covering more than 1,000 hectares. Once operational, it is expected to become the largest onshore renewable energy project in the European Union, with an estimated annual electricity generation of 1,800 GWh. Rezolv Energy has also allocated 82 hectares within the project site for a nature reserve.
Dunarea East is a 300 MW onshore wind farm in Constanța County and forms part of the wider Dunarea East & West wind farm development, described as one of Europe's largest onshore wind projects.
Both projects secured Contracts for Difference (CfDs) in Romania's second CfD auction in 2025. The three successful bids in that auction covered a combined installed capacity of 731.2 MW.
For Ahold Delhaize, the agreement provides a long-term mechanism to procure renewable electricity and support the development of new renewable generation capacity. For Rezolv Energy, it secures a major corporate offtaker for two projects scheduled to enter commercial operation in 2029.
Rezolv Energy has a portfolio of approximately 2.8 GW of renewable energy projects across Southeastern Europe, including operational assets, projects under construction and developments in advanced stages. Its Romanian portfolio also includes the 461 MW VIFOR onshore wind farm in Buzău County, whose first phase entered commercial operation in October 2026.