3D Clean

Energy Platform

505+ MW

Power generating assets and BESS in operation

2+ GW

Projects under construction

3+ GW

Projects in development

1800+

EV car sharing autofleet

7+ GW

Full and light EPC completed PV projects

2,5+ TWh

Per Annum

Energy aggregation capabilities

1350+

EV charging points under operation

1550+

Employees

Renalfa Solarpro Group GmbH

Renalfa Solarpro Group GmbH is a Vienna based clean energy and e-mobility investment group with a focus on renewable energy generation assets. The Group invests in and develops projects in Hungary, Romania, Bulgaria, Lithuania, Poland and North Macedonia. Renalfa is an established platform with strong business model capabilities, working across the full solar PV, BESS and wind value chains from project origination to asset operation.
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Renalfa IPP

Renalfa IPP is a Vienna based developer and independent power producer established as a JV between Renalfa Solarpro Group GmbH and the French infrastructure fund manager RGREEN INVEST. The company owns and develops PV, BESS and wind projects with joint capacity around 2 GW in Bulgaria, Hungary, North Macedonia and Romania, of which more than 455 MW already operational and more than 550 MW in construction.
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Solarpro - PV, BESS and wind installer and innovator

Renalfa’s subsidiary, Solarpro Holding, is a leading European EPC and O&M provider combining the experience of over 1100 talented professionals who over the last 15 years designed, built and integrated PV plants with more than 7 GW installed capacity in more than 30 countries around the globe.
Nowadays Solarpro is a multi-technology Integrator, expertise in hybrid projects by implementing PV, Wind, Battery Energy Storage Systems (BESS) and green Hydrogen. The Company is a technological Innovator – engineering and digitalizing of the renewable projects, transforming them into dispatchable and flexible assets in alignment with all energy market development, and a sustainability partner - from recycling PV modules and batteries to utilizing damaged or polluted land and areas transforming them into state-of-the-art clean energy plants.
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Clean energy trading and corporate sourcing solutions

Renalfa’s subsidiary KER Toki Power is an assets-backed supplier, wholesale trader and aggregation service provider for green energy. The company has grown dramatically its green energy capabilities in Bulgaria and North Macedonia (reaching over 2,5 TWh per annum) and began operations in Hungary, Romania, Serbia and Greece in 2023.

What do we do?

Toki provides full scope of forecasting, balancing and Route-To-Market (RTM) services for RES projects. The company is trusted partner for hedging of RES assets and supplying the industry with competitively priced green energy and Guarantees of Origin. Toki operates short, mid and long term PPA’s, as well wholesale market financial instruments.More recently Toki started to provide ancillary services to the grids and asset management for BESS and RES assets on the flexibility services market segments.  

Green Hydrogen

Renalfa Hydrogen represents a strategic convergence of expertise, technology, and ambition to establish itself as a leader in green hydrogen production in the SEE Region. Through innovative solutions and a commitment to sustainability, the company seeks to drive the transition towards a low-carbon future while contributing to the economic development of Bulgaria and the broader European region.

How it emerged

Renalfa Hydrogen emerges as a natural progression of Renalfa's extensive experience in the renewable energy sector. Building upon our expertise in wind, solar photovoltaic (PV), and battery energy storage systems (BESS), Renalfa Hydrogen represents the culmination of our green energy development portfolio. The company has established a dedicated business unit focused on green hydrogen, with aspirations to lead in this transformative technology. We aim to address the technological challenges associated with producing and supplying green hydrogen from clean energy sources while ensuring competitiveness in the market.

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Key strategy

Key to our strategy is the development of four environmentally sustainable green hydrogen production plants with a total electrolysis capacity of 400 MWe, distributed across strategic locations in Bulgaria. These plants will utilize electrolysis, a process that splits water into hydrogen and oxygen using an electric current derived from renewable sources. Each plant is designed to produce 43 tons of hydrogen per day and will incorporate cutting-edge technologies for optimal efficiency.
Renalfa Hydrogen's ambitions extend beyond mere business success. We aim to drive decarbonization efforts by promoting hydrogen as a clean energy option, aligning with global initiatives to reduce carbon emissions. Additionally, scaling up hydrogen production is seen as a means to achieve significant cost reductions and foster the growth of Bulgaria's energy ecosystem, in line with EU directives and market trends.

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EV Car Sharing

SPARK is a new generation service that allows customers to localize and use an electric car through a mobile phone, no matter if they want to use the service for a few minutes, a few days, weeks or even months. SPARK, is the very first fully electric car sharing company that has started its operation in Vilnius back in 2016 and currently operates in Lithuania and Bulgaria. Through its fleet of almost 2,000 EVs SPARK provides eco-friendly daily mobility solutions.
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EV Charging Network

Eldrive brand is a leading EV charging station operator in Bulgaria, Romania and Lithuania developing a network of public charging infrastructure for electric vehicles. Eldrive is the major charging station operator in its countries of operation with more than 1,600 charging points installed and an ambitious pipeline. Our main focus is fast and super fast EV charging. Eldrive has solutions for EV drivers, electrified corporate fleets, as well as location owners. Our smart platform connects and manages all key players in the electric vehicle ecosystem and provides services for the entire value chain.
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Milestones

Eldrive receives two awards on EIB’s AdVenture Debt Summit

13.05.24

Renalfa Solarpro Group has completed 9.3 MWp PV Plant For Self-Consumption for Apollo Tyres Ltd in Hungary

29.11.2023

First hybrid renewable energy project in Bulgaria starts construction

19.09.23

EIB signs €40 million loan with Eldrive to expand electric vehicle charging networks in Bulgaria, Lithuania and Romania

20.06.23

“Solarpro” and “GreenYellow” started the construction of the first PV project from their strategic partnership for Eastern Europe

27.07.2021

Eurowind Energy and Renalfa agree to partner and create a JV for wind and hybrid projects in Bulgaria

26.11.21

RGREEN and Renalfa reach an agreement for joint development of regional IPP in Eastern Europe

22.10.2022

A1 and Renalfa signed a Power Purchase Agreement for green energy, the first one in the region

09.03.22

Renalfa IPP acquires Alpiq’s 72.5 MW Wind Park in Bulgaria

27.03.23

Renalfa Solarpro Group has completed 2 MWp PV self-consumption power plant for Volkswagen Poznan

28.03.23

EIB signs €40 million loan with Eldrive to expand electric vehicle charging networks in Bulgaria, Lithuania and Romania

20.06.23

First hybrid renewable energy project in Bulgaria starts construction

19.09.23

Renalfa Solarpro Group has completed 9.3 MWp PV Plant For Self-Consumption for Apollo Tyres Ltd in Hungary

29.11.2023

Eldrive receives two awards on EIB’s AdVenture Debt Summit

13.05.24

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