Grants up to €150,000 for Romanian SMEs for green energy transition

Green Forum
The Romanian Government has given its approval for the Electric UP 2 program designed to assist small and medium-sized enterprises, as well as businesses in the HoReCa sector, in their transition to renewable energy sources and electric mobility. Under this initiative, substantial financial support of up to €150,000 is provided for the installation of photovoltaic panels and electric vehicle charging stations.

Government spokesperson Mihai Constantin announced in a press conference held at the Victoria Palace that "through an emergency ordinance, the Government is extending support to small and medium-sized enterprises and the HoReCa sector to ensure their energy needs are met through renewable sources and the adoption of electric mobility. The Electric UP program remains committed to offering significant financial aid, with each beneficiary eligible for up to €150,000. Three-quarters of the eligible costs will be covered by funds allocated to this program, while SMEs are required to contribute 25% of the project's value."

The Electric UP 2 program will be financed from the state budget, with a total allocation of €90.424.140. In the initial phase of this initiative, over 1,500 SMEs and economic operators in the HoReCa sector have already benefited from funding for the installation of photovoltaic panels and electric vehicle charging stations.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Cost remains main driver and biggest barrier in sustainability
Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

READ MORE
Green Forum  |  13 November, 2025 at 1:30 PM
Green Forum  |  20 October, 2025 at 6:38 PM