Romania''s new draft energy strategy aims for 44 per cent of gross final energy consumption from low-carbon sources by 2035. The EBRD''s Renewable Energy Programme is a strategic priority for the energy sector,
The renewable energy sector in Romania is at an exciting crossroads, with the country looking to address both domestic energy demand and international requirements to reduce carbon emissions. This article will delve into
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
Prices for the winning solar bids range from €35.50/MWh to €45.20/MWh, resulting in an average of €40.46/MWh. This compares to a maximum strike price of €73/MWh
Romania''s Ministry of Energy has approved €32.92 million ($27.2 million) in state aid for the construction of a 1.5 GW solar panel factory. SC Heliomit SRL will build the
Wind and solar power projects with a combined capacity over 1.5 GW in Romania are eligible for subsidies under a contract-for-difference (CfD) scheme. The first round of auctions resulted with ten and eleven winning bids,
The winning projects were secured at an average price of EUR 65 (USD 71.32) per MWh for wind and EUR 51/MWh for solar. The CfD rounds are held under Romania''s EUR-3-billion CfD auction programme funded by the
While timid trends in the development of a value chain in Romania have been observed since 2010-2014, none of the 166 European companies producing various components and
The Romanian authorities have allocated 1.52 GW of renewable energy capacity in a procurement exercise, with the lowest bid for PV technology at €0.045 ($0.047)/kWh.
Romania has allocated 1,488 MW of solar in its second contracts for difference (CfD) auction for renewables. Prices of the 26 winning solar bids ranged from €35.50
A utility-scale solar-plus-storage site in the country''s northwest has flipped the switch. Meanwhile, the nation''s landmark pumped storage project has attracted Japan''s Itochu and France''s EDF as potential partners.
The developer has 5 GW of wind and solar power projects in the pipeline in Romania. It provides turnkey services for designing, developing, constructing and operating renewable energy and storage projects. Prime
A total of 26 solar offers from eight companies have been awarded contracts for difference, with a combined capacity of 1,488 MW. Prices for the winning solar bids range from
The cost of capital for solar PV projects represent responses for a 100 megawatt (MW) project and for utility-scale batteries a 40 MW project. Values represent average medians across
For Bucharest, with power demand for households exceeding 1.5 TWh in 2023, solar panels with a total capacity of 1.23 GW would be needed to meet demand. However, because of the
In Romania, the energy market is shared among five big electricity distributors: Electrica Furnizare, Enel Energie and Enel Energie Muntenia, E.On Energie Romania, Hidroelectrica, and CEZ Vanzare. The
Short-term energy storage and multi-month seasonal storage is one of the ways to achieve the goal of such greater flexibility. Energy storage can play a key role in narrowing
Our sister site PV Tech has covered Romania''s solar PV market extensively. The Ministry also announced a €199 million call to support Romania''s battery and solar photovoltaic (PV) manufacturing sectors, also funded through
The result marks Romania''s second year of strong solar growth, with 1.5 GW added in 2023, up from 300 MW in 2022, according to the RPIA. Mihai said the nation''s solar sector is gradually
Last week, more than 100 solar industry representatives gathered in Bucharest to discuss the challenges and opportunities for solar in Romania, highlighting the growing interest in this re-emerging EU market. According to
The winning projects were secured at an average price of EUR 65 (USD 68.30) per MWh for wind, against a cap of EUR 82/MWh. The average for solar was EUR 51/MWh
In Romania, the Bank fully supports the country''s move towards cleaner energy. Since the beginning of 2024, the EBRD has financed nearly 1GW of renewable capacity across six projects. These investments,
Romania has managed to maintain a balanced energy mix, with substantial contributions from oil, natural gas, nuclear, and renewables. However, there has been a decline in thermoelectric and
Romania is located in an area with a solar potential of 210 sunny days per year and with an annual solar energy flux between 1,000 kWh/m²/year and 1,300 kWh/m²/year.
The Romanian Ministry of Energy has given the thumbs up to the country''s Contracts for Difference (CfD) scheme that aims to facilitate the allocation of 5 GW of wind and solar capacity via competitive tenders through
The Romanian Photovoltaic Industry Association (RPIA) says Romania installed 1.7 GW of solar in 2024, as increased funding, higher renewable targets, and a streamlined permitting process drove
The winning bids came in highly competitive, with prices 20-30% below the cap. The average price for wind energy was €65/MWh, while solar energy averaged €51/MWh. These results reflect growing investor confidence
Romania will hold its second contract for difference (CfD) tender by the end of the third quarter and will seek to award 1.47 GW of solar and 2 GW of wind power capacity.
However, a key factor shaping the market will be whether energy price caps continue. Higher demand could lead to an increase in solar panel prices, so Romanians should
Mandatory solar panels on new commercial buildings and 5 billion EUR grid upgrades to integrate distributed storage. 1 GW operational storage by 2025, rising to 5 GW by 2026 to...
At a power price of 50-60 EUR/MWh wind and solar energy technologies no longer need support schemes to become economically viable investments in the EU, as a result of increased CO2 price and efficiency
In the context of the European ambitions, Romania would need to aim for 44.4% RES, meaning 11.1 GW of solar - 6.1 GW for utility-scale and 5 GW for rooftop PV1. Drivers for solar growth The last two years have been marked by significant legislative changes that underpinned the development of the Romanian PV sector.
Overview of solar PV developments Following a period of lull, Romania has achieved in 2023 a significant milestone in its renewable energy journey – over 1 GW of new solar capacity installed in one year between distributed generation and utility scale projects.
National targets for solar PV With an average of 1,900 to 2,400 annual sunlight hours, Romania has significant natural potential for solar PV development. Yet, the country has not set ambitious targets for renewable energy sources, aiming for only 30.7% of its final energy consumption to come from RES by 2030.
The Romanian PV market has entered a new boom phase, driven by the current security context, the imperative of green transition, and the favorable permitting framework. As the country moves towards decarbonization and the large-scale adoption of clean technologies, the outlook for the future of PV points to sustained development.
A utility-scale solar-plus-storage site in the country’s northwest has flipped the switch. Meanwhile, the nation’s landmark pumped storage project has attracted Japan’s Itochu and France’s EDF as potential partners.
The new solar installations, equating to a 308% increase compared to the capacity deployed the previous year, have set a new record high since the early 2010s’ surge in renewable energy. Solar PV is now the fastest-growing power source in the country.
