Green Forum • 18 October, 2024 at 7:55 AM
The Romanian Ministry of Energy has approved a €3.89 million grant from the Recovery and Resilience Plan (PNRR) to construct a new solar panel factory.
This investment, awarded to the KBK Kraft Project, will support the country's transition to a greener economy by increasing domestic production of solar panels.
The KBK Kraft Project will receive €3.89 million in state aid for a production capacity of 140 MW. The project is part of the PNRR's "Investment 4.2—Production and Recycling of Solar Cells and Panels."
The Ministry of Energy is promoting investments in the entire value chain of solar cells and panels by financing production, assembly, and recycling capacities. The goal of the measure is to build production capacities of at least 200 MW per year.