Rezolv Energy, the independent renewable-energy producer backed by Actis and Mubadala, and Ahold Delhaize have signed a 10-year virtual power-purchase agreement (VPPA) covering renewable electricity generated by two of Rezolv Energy’s major projects in Romania: the 1.3-gigawatt Dama Solar project and the 300-megawatt Dunarea East Wind Farm.
The VPPA will cover 370 gigawatt-hours of renewable electricity per year from the two projects, making it one of the largest corporate renewable-energy agreements ever signed in Southeastern Europe and one of the first in Romania to combine solar and wind energy in a single deal.
Together, the two projects are expected to generate approximately 2,580 gigawatt-hours of power each year — equivalent to almost 5 percent of Romania’s total electricity consumption in 2025 — and Ahold Delhaize will cover approximately 14 percent of the combined output. The company will receive Guarantees of Origin for 10 years, starting when the tw