In its first, the Romanian government has allocated EU funds for two major battery energy storage projects via the National Recovery and Resilience Plan. A utility-scale solar-plus-storage site in northwest of the
The Parau 2 Project is located in the Brașov region of Romania and is currently in the "licensing" phase. Construction is expected to begin in 2025 and connection in 2027. In
Romania has committed in its LTS (Romania''s Long-Term Strategy for Reducing Greenhouse Gas Emissions – Neutral Romania in 2050) to an installed wind and solar energy capacity of about 24 GW by 2035,
As part of its green energy push, Romania recently announced that 18 solar and storage projects, totaling 2.5 GWh of capacity, would receive a share of €73.8 million in PNRR
Romania has allocated EUR 80 million under its National Recovery and Resilience Plan (PNRR) for energy storage projects, which is expected to result in contracts for a total of 1.8 GW of capacity, according to
In an accelerated wave of investments, companies in Romania are combining battery energy storage systems (BESS) with solar, hydro or wind energy, or building
The Romanian Ministry of Energy has extended the deadline for submitting projects under the call for investments aimed at developing electricity storage capacities, with
The difference is that energy storage projects have many more design and operational variables to incorporate, and the governing market rules that control these variables are still evolving.
As the Romanian Ministry of Energy takes steps to encourage investments in standalone battery energy storage systems (BESS) through support schemes and an improved tariff regime, one regulatory challenge
The Romanian Ministry of Energy has launched a grant program for battery energy storage systems developed in conjunction with existing renewable energy facilities – wind, solar, or hydro.
In 2024, Romania ranked among the most expensive energy markets in the European Union (EU), occupying third place in the spot markets ranking. At the same time,
Head of storage Bozkurt Aydinoglu, has told NPM that Aukera Energy is in conversations with potential lenders as it looks to secure debt financing for a 299.75 MWh BESS project that it is
The Government of Romania adopted the National Energy Strategy 2025-2035, with the perspective of 2050 - the first programmatic document of this kind passed by the
Minister of Energy Sebastian Burduja signing 24 financing contracts for self-consumption solar and storage projects, worth nearly €14 million. Image: Ministry of Energy. A 204MW battery energy storage system
Minister Burduja during his recent visit to Romania''s largest operating BESS project with an installed capacity of 24 MWh Romania has launched a new non-refundable
After debt payments have been made, other investors (like equity investors) will be paid. In general, project''s assets are used as collateral to the loan. This type of financing is common in
As the Romanian Ministry of Energy takes steps to encourage investments in standalone battery energy storage systems (BESS) through support schemes and an improved
EPG is an independent, non-profit think tank focused on energy and climate policy in Romania and the European Union. Founded in 2014, EPG operates as a policy research institute primarily financed through competitive grants,
Future Energy Forum Romania returns to Bucharest on October 10th, 2025, once more bringing together leaders from the renewable energy sector to discuss country''s energy future. Built for
Romania''s Ministry of Energy has announced the launch of a new call for projects under the program Supporting Investments in the Development of Electrical Energy
Romania is rapidly emerging as a premier destination for renewable energy investment in the European Union, driven by strong economic growth, a strategic geographic position, and
Among the 39 projects is the installation of at least 1,500 MWh of battery storage systems in existing renewable energy plants in Romania. These projects will help lower-income EU countries strengthen their clean
Romania''s battery storage market is gaining momentum, but it''s not yet ready for takeoff. A recent Aurora Energy Research report reveals strong investor interest and promising
"I am pleased to announce that the Ministry of Energy is launching a new call for projects financed through the Modernization Fund, aimed at investments in energy storage capacities (batteries).
Similar to other renewable energy projects, the addition of construction bridge debt provides an additional source of capital to pay construction costs, but also adds complexity to the project financing of an
Romania has opened a programme supporting the installation of standalone battery energy storage systems (BESS) with a total of EUR 150 million (USD 155.3m) in non-refundable funding.
Aurora Energy Research foresees double digit internal rates of return for standalone battery energy storage (BESS) projects entering the market as early as 2026, while
Romanian power distributor Premier Energy PLC (BSE:PE) has wrapped up the acquisition of a majority stake in a company that holds the rights to a 49-MWdc solar project with battery storage in Buzau County, southeastern
"As other European BESS markets become increasingly saturated, Romania stands out," said Evangelos Gazis, Aurora''s head of Southeastern Europe, adding that the
Discover the current state of energy storage companies in Europe, learn about buying and selling energy storage projects, and find financing options on PF Nexus.
Romania''s Prime Minister wants to increase energy storage capacity in Romania to attract investors for the Tarnita-Lapustesti hydroelectric power plant. It also proposes
Today, the Minister of Energy, Sebastian Burduja, announced on Facebook that an additional €150 million will be invested in Romania’s energy sector. "I am pleased to announce that the Ministry of Energy is launching a new call for projects financed through the Modernization Fund, aimed at investments in energy storage capacities (batteries).
The projects must focus on building new energy storage capacities in Romania," the minister stated. According to the minister, as quoted by ZF.ro, the total budget for this state aid scheme is €150 million in non-reimbursable funds sourced from the Modernization Fund.
Other Romania-based companies, such as Parapet and Waldevar Energy, have told pv magazine that adding BESS to their renewable assets is a top priority. The May edition of pv magazine features an in-depth look at Romania’s solar and energy storage markets.
At the beginning of 2025, Romania boasts approximately 3,000 MW in wind energy and 1,500 MW in solar energy. An additional 2,424 MW in wind and solar projects is expected to be operational in 2025, attracting over €2 billion in investments. Romania’s Energy Goals for 2030 Achieve over 32,000 MW in total capacity by 2030.
The BESS market in Romania is heating up, say local analysts and insiders. Irene Mihai, policy officer at the Romanian Photovoltaic Industry Association (RPIA) recently told pv magazine that a realistic target for the utility-scale BESS segment in Romania “would be around 2 GWh (around 1 GW of installed capacity)” for 2030.
