Green Forum
| 29 February, 2024 at 7:00 AM
Romanians to access up to €402 million in PV funding in 2024
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Romania's "Photovoltaic Green House" program is to have a budget of €402 million in 2024.
Romania had 110,355 prosumers by the end of 2023, with an installed capacity of 1,442 MW.
Renovatio is set to finalize the photovoltaic project at Electrocentrale Borzesti by the end of April 2024, with a planned installed capacity of 50 MW.
The overarching goal is for Hidroelectrica to emerge as a leading force and pivotal player in Romania's energy transition.
These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
Romania has had the opportunity to solidify its energy independence and transition into a net energy exporter.
Swiss solar energy firm Meyer Burger announced the closing of its photovoltaic plant near Dresden in eastern Germany.
This is a first step, as the ultimate goal is to transform the plant into a zero-energy and zero-greenhouse gas emission platform.
This investment is crucial for mitigating environmental impacts and facilitating the transition to a sustainable energy framework.
Wind and hydropower collectively accounted for over two-thirds of the total renewable electricity generated (37.5% and 29.9% respectively).
These funds are allocated for grid expansion and modernization projects valued at a total of €645.7 million.
BayWa r.e. is set to acquire the Poarta Albă solar park project in Romania in 2024, originally developed by HVAC Systems.
The project implementation period is 12 months, from December 2023 to December 2024.
This highlights a significant shift in the company's strategy, moving towards clean and sustainable energy sources.
Targoviste City Hall will build a photovoltaic park by December 2026 with European money on an area of 50,000 square meters.
Hidroelectrica completed the modernization of ten 110kV electrical stations in SH Hateg.
They are located in the Muntenia area, at a maximum distance of 80 kilometres from the Bucharest.
Waldevar Energy contracted a total of 481 MW in photovoltaic projects across Romania during 2023.
Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.
The total amount exceeds €278 MILLION.
Danone Romania has completed an investment of €1 million in the acquisition and installation of photovoltaic panels.
In the past year, wind energy production in Europe surpassed that of gas-fired power plants for the first time.
DTEK Renewables International announced that it is investing in a new project in Romania, a solar park in Glodeni in Mures County.
European solar manufacturers have accused China of unfair trade practices. SolarPower Europe advocates for urgent support to bolster the domestic industry.
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
