Energy | 9 February, 2024 at 10:00 AM
Romania's Ministry of Energy relaunches two calls for batteries and PV panels
The total amount exceeds €278 MILLION.
The total amount exceeds €278 MILLION.
Romania has signed the accession to the International Solar Alliance (ISA), a strong commitment of the Romanian government to support and promote solar energy as the main source of clean and sustainable energy.
Sunwind Energy SRL, a subsidiary of the Electrica Group, and the Ministry of Energy have signed the non-refundable financing contract from the National Recovery and Resilience Plan (PNRR), for a photovoltaic park in the project phase.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
Renewable energy sources could reach a share of approximately 34% in 2030. Europe has assumed that by 2050 it will become the first climate-neutral continent.
More than 3,000 MW of solar energy projects are to be installed in Romania in the next two years, thanks to European funds. The government is preparing green funding from the Modernisation Fund: over €1.5 billion for companies and local authorities. Romania is among the top 10 countries in alternative energy consumption.
After about 10 years, green energy is once again the star of investments in the energy sector in Romania, says the state secretary of the Ministry of Energy, George Niculescu.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
The European Commission has given the green light to a €790 million state aid package for Romania.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
