About Sol Associates

Sol Associates is a Bucharest-based advisory firm connecting commercial objectives with technical and delivery questions for wind, solar and battery-storage projects in Romania.

Our approach

We work close to the technical and commercial detail of a project – site layout, energy yield, financial models, contracts and construction schedules – rather than at a distance from it. That is also why we built Sol Signals: the same public-data discipline we apply to our own advisory work, published as a weekly product.

We do not name clients, deals or counterparts in any public material. Our advisory work stays confidential by default, and our intelligence products are built from public sources, never from client-confidential information.

Disclosure

Sol Associates is a shareholder of Kosmosis Energy. Sol Associates and Kosmosis Energy remain legally and commercially distinct. Sol Associates’ intelligence products are prepared from public sources and do not use client- or deal-confidential information.

Team

Sol Associates is led by Radu Voinescu, Managing Partner. He works with investors and developers on Romanian renewable-energy projects, connecting commercial objectives with technical and delivery considerations. His focus is wind, solar and battery storage.

Engineering, legal and financial work is delivered with specialist engineers, analysts and advisers engaged according to the assignment. The engagement defines who is responsible for each work product.

View Radu Voinescu’s public professional profile

Principal

Radu Voinescu, Managing Partner, has worked on wind projects from the equipment side to the developer side: turbine sales at Siemens Wind Power and Nordex, then wind-project development at OX2. He now advises investors and developers on Romanian wind, solar and battery-storage decisions through Sol Associates.

Example engagements (anonymised)

These are engagement types, described without client names, sites or outcomes, which stay confidential.

  • Buy-side review of a multi-site Romanian wind portfolio for a foreign investor: grid-connection permit (ATR) status and grandfathering exposure checked project by project, with the findings feeding the offer and the risk allocation in the purchase agreement.
  • Market-entry framework for a non-EU wind turbine manufacturer: Romanian regulatory, grid, certification and supply-chain route to a first project.
  • Sell-side preparation for a developer group: anonymised teasers, data-room structure and a readiness check of permits and grid documents for hybrid solar and storage projects.
  • Screening and letters of intent for grid-scale battery projects: diligence scope, valuation logic and a check against funding-call conditions such as the Modernisation Fund KP1 rules.

Company

Sol Associates SRL, registered with the Trade Registry under no. J29/2713/2023, fiscal code RO24172577. Registered office: Strada Drumul Mare, nr. 608, camera 2, comuna Baneşti, judeţul Prahova, România. Working base: Bucharest.

Sol Associates has been operating since 2008. The legal entity, its shareholders and its headquarters have changed over that time; the current company is the one named above.

Get in touch

Contact Sol Associates or join Sol Signals to see our public-data work firsthand. On selected mandates we also track project-level and SPV-level detail that is shared with a counterparty only within an agreed confidential process. Discuss the mandate to start that conversation, or request access to project-level information. Figures on this site are explained on the Methods and sources page.