Waldevar Solar One Srl

What Waldevar Solar One Srl does

WALDEVAR Energy (legal entity Waldevar Solar One Srl / WALDEVAR Energy S.R.L.) is a privately held Romanian engineering, procurement, and construction (EPC) contractor specializing in the design, construction, and maintenance of large-scale and floating photovoltaic (FPV) solar parks. Founded in 2011 and headquartered in Tulcea with operational offices in Voluntari (Ilfov), the company serves utilities, energy companies, and industrial clients across Europe, with completed projects including a 9.13 MWp installation at Căzănești/Ialomița and a 34 MWp installation at Mircea Vodă/Constanța. Its service portfolio spans full-scope ground-mounted and floating PV EPC, operations and maintenance, mobile PV systems, structural pull-out load testing, and — following the 2026 acquisition of high-voltage specialist ELEMO — grid connection and substation infrastructure through the WALDEVAR Power Grid service line.

Technically, Waldevar's stack is built around conventional PV and FPV engineering rather than software platforms. Core capabilities include in-house EPC project execution from feasibility and consultancy through construction and operational management, specialized floating photovoltaic deployment on water bodies, mobile/portable PV configurations, and complex load/pull-out testing for structural integrity verification. The grid-side layer (WALDEVAR Power Grid) extends the offering into high-voltage substation design and construction, which the company describes as creating Romania's first fully integrated renewable energy infrastructure platform. The company holds ISO 9001, 14001, and 45001 certifications, alongside Romanian energy regulator ANRE authorizations of types A3, D1, D2, E1, and E2 plus an ISC construction license (ISC 2528, August 2025).

Commercially, Waldevar earns revenue through two streams: one-time EPC contract revenue from utility-scale and floating PV construction projects awarded via competitive bids and direct negotiation with utilities, industrial firms, and developers, and recurring operations and maintenance service revenue on completed installations. The go-to-market is enterprise field sales, with multi-year project-based pricing determined by installed MWp capacity, site conditions, and scope. The company is currently expanding into Italy, Germany, and the Czech Republic, has a 200+ MWp solar park co-development with Entek Elektrik, and a high-voltage substation EPC partnership with GEN-I Sonce. Ownership is concentrated under WALDEVAR Holding with no disclosed external investors or funding rounds in the available data.

Name

Waldevar Solar One Srl

Legal name

WALDEVAR Energy S.R.L.

Website

https://waldevar.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Waldevar Solar One Srl (WALDEVAR Energy) is a Romanian EPC contractor that designs, builds, and maintains utility-scale and floating photovoltaic solar parks for utilities, energy firms, and industrial clients across Europe, with growing grid infrastructure capabilities.

Ownership category

akta.pro rank

Product category

Solar EPC and Renewable Energy Infrastructure

NAICS

Solar Electric Power Generation (221114), Power and Communication Line and Related Structures Construction (237130), Electric Bulk Power Transmission and Control (221121)

akta.pro primary industry

Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

Keywords

• Photovoltaic park development
• Floating solar systems
• Solar EPC contractor
• Renewable energy infrastructure
• Photovoltaic maintenance services

Headquarters

HQ city

Voluntari

HQ country

Romania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure

Revenue model

1. EPC Contract Revenue: Revenue generated from Engineering, Procurement, and Construction contracts for solar and floating photovoltaic parks. Projects are awarded through competitive bidding and direct negotiations with utilities, industrial clients, and developers.
2. Operations & Maintenance Services: Ongoing maintenance and operational management services for completed solar installations, providing recurring service revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Waldevar Solar One Srl (operating as WALDEVAR Energy) is an Engineering, Procurement, and Construction (EPC) contractor that designs, builds, and commissions large-scale and floating photovoltaic (PV) parks across Europe. The company also provides operations and maintenance services, mobile PV solutions, pull-out testing for mounting structures, and — following its acquisition of ELEMO — high-voltage power grid construction through the WALDEVAR Power Grid division.

Product overview

WALDEVAR Energy operates as a full-service EPC (Engineering, Procurement, Construction) contractor for large-scale photovoltaic parks, offering an integrated portfolio of services. The core offering encompasses EPC services for ground-mounted and floating solar parks, complemented by Operations & Maintenance, Mobile PV solutions, and Pull-out testing services. The company has expanded its capabilities through the launch of WALDEVAR Power Grid for high-voltage grid connection infrastructure. With over 13 years of industry experience, the company serves clients across Europe with comprehensive solar project execution from initial engineering through operational management.

Differentiator

Problem solved

Functional benefit

Brands

• WALDEVAR Power Grid: High-voltage electrical infrastructure services and power grid solutions

Products and services

• EPC Services for Solar Parks

Quantifiable outcome

• Successfully completed utility-scale projects including 9.13 MWp and 34 MWp installations
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• GEN-I SoncecoreStrategic or Co-development Partner · 26 June 2026WALDEVAR Energy and GEN-I Sonce formed a partnership with a new High Voltage (HV) Substation EPC Agreement. This partnership strengthens WALDEVAR's capabilities in grid connection infrastructure for solar projects.
• Entek ElektrikcoreStrategic or Co-development PartnerWALDEVAR Energy and Entek Elektrik partnership to accelerate green investments in Romania with a solar park development of at least 200 MWp.
• ELEMOcoreStrategic or Co-development PartnerWALDEVAR Holding acquired high-voltage expert ELEMO and launched WALDEVAR Power Grid to create Romania's first fully integrated renewable energy infrastructure platform. This acquisition expands capabilities in power grid infrastructure.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Encavis AG: Frankfurt-listed independent power producer operating solar and wind parks across Europe. Comparable European multi-market solar IPP and a likely counterparty to EPC contractors like WALDEVAR.
• Sonnedix: Global solar independent power producer with European operations including Italy, Germany, and Spain. Comparable as a multi-country European solar developer/operator and a potential customer/partner for EPC services like WALDEVAR's.
• 7C Solarparken: German solar power producer operating utility-scale PV plants across Europe with in-house operations and maintenance. Comparable in the operational solar IPP/O&M space, complementing WALDEVAR's EPC offering.
• ib vogt GmbH: German-headquartered independent utility-scale solar EPC and project developer with European-wide operations. Closest direct peer to WALDEVAR in business model (independent EPC contractor), technology (large-scale PV), and target customers (utilities and developers).
• BayWa r.e. Global renewable energy developer and EPC contractor headquartered in Germany, with active utility-scale solar project development across Europe. Comparable as a multi-country, large-scale solar EPC and O&M service provider.
• Saferay: Polish-origin independent solar EPC contractor developing utility-scale PV projects across Central and Eastern Europe. Directly comparable geographic focus and EPC business model to WALDEVAR's Romanian/EEU footprint.
• UKA Gruppe: German independent developer and EPC for wind and ground-mounted solar parks with pan-European operations. Similar mid-sized independent EPC profile to WALDEVAR.
• PNE AG: German wind and solar project developer with internal EPC capabilities and operations across Europe. Comparable as a European mid-cap renewable energy developer/EPC with multi-country presence.

Emerging players

• Akuo Energy: French independent renewable energy developer active across Europe in solar, wind, and storage with in-house EPC experience. Comparable as a mid-sized European renewable developer that engages external EPCs for utility-scale projects.

Broad incumbents

• Eiffage Énergie Systèmes: French-based EPC contractor within Eiffage Group delivering utility-scale electrical infrastructure including renewables and HV substations. Comparable as a broader incumbent with overlapping solar EPC and HV grid capabilities relevant to WALDEVAR's integrated platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/waldevarenergy
• LinkedInlinkedin.com/company/waldevar-energy
• Instagraminstagram.com/waldevarenergy

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waldevar Solar One Srl