Romania launches €150 million battery storage grant

Green Forum19 November, 2024 at 6:24 PM

The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund. It offers €150 million to support building battery storage systems connected to existing renewable energy sources (wind, solar, hydro). 

 

These batteries must utilize at least 75% of their energy from the linked renewable source. The state aid scheme offers €150 million in non-refundable grants from the Modernization Fund.

This competitive bidding process will fund new behind-the-meter battery storage systems connected to existing renewable energy facilities.

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