Minister of Energy Virgil Popescu announces the launch of the call for projects for the production of energy from renewable sources, with a budget of 457.700 million euros, for which applications can be submitted between March 31 and May 31, 2022."Very important announcement! We announce the launch of the call for projects for the production of energy from renewable sources (wind and solar), with a budget of 457,700,000 euros, financed through PNRR [the National Recovery and Resilience Plan]. Applications can be submitted between March 31 and May 31, 2022. We are coming with real solutions and the necessary financing. By carrying out the projects that can be financed under this aid scheme, the aim is to increase by approximately 950 MW the installed capacity to produce electricity from wind and solar energy, with or without integrated storage facilities. Making investments means long-term solutions for our country's energy security," the minister wrote on his Facebook page on Wednesday.According to a press release from the Ministry of Energy, the Specific Guide, which can be accessed on the website of the Ministry of Energy, under the heading "European Finance - PNRR", aims to support investments in new capacities to produce electricity from wind and solar renewable energy sources, with or without integrated storage facilities, with a deadline for the completion of projects, respectively connection to the network - June 2024."This scheme based on the competitive bidding procedure applies only to new installations for the production of electricity from wind and solar renewable energy sources," the ministry said.The State aid scheme based on the competitive bidding procedure is addressed to micro, small and medium-sized enterprises, as well as to large enterprises, including newly set up enterprises, established on the basis of Law no. 31/1990 regarding companies, republished, with the subsequent amendments and additions, or set up in accordance with the specific legislation of the Member State of which they are nationals.The amount of state aid granted under the scheme per MW installed is, for wind energy, a maximum of 1.3 million euros for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive) and 650,000 euros for installed capacities higher than 1 MW, and for solar energy 750,000 euros for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive) and 425,000 euros for installed capacities higher than 1 MW.The maximum aid that can be granted for an investment project cannot exceed 15 million euros per enterprise, per investment project.Through the National Recovery and Resilience Plan, the Energy component benefits from an allocation of 1.62 billion euros, states the Energy Ministry.
A total of 41.7% of Romanians consider the possibility of Romania being involved in a war as their primary concern, according to a survey conducted by INSCOP Research between May 26 and 30. The figure is nearly three times higher than the next most frequently cited concerns - healthcare and rising prices (around 15% each) […]
Following the publication of the detailed Q1 GDP figures (+0.3% y/y), ING Bank Romania revised its 2025 GDP growth forecast for Romania to 0.8% from 1.2% on June 6, reflecting weak momentum and growing downside risks. The bank maintains its 2026 estimate at 2.2%. The publication of Romania's detailed GDP data for the first quarter […]
Romania’s Court of Accounts has identified significant deficiencies in the operations of the National Agency for Fiscal Administration (ANAF) during 2023, according to findings from a compliance audit quoted by Ziarul Financiar on June 6. The audit report highlighted problems across several critical areas,...
The technical committee formed by the political parties “that could form the future governing coalition” in Romania continues negotiations after one week, presidential advisor Radu Burnete announced on June 9 in a Facebook post – at the time when the parties were supposed to announce a first draft of the agreement. The delay and the […]
A powerful storm swept through Bucharest on Monday afternoon, June 9, prompting a large-scale emergency response as torrential rain overwhelmed the city’s infrastructure. Several streets and boulevards were flooded, with images shared on social media showing water entering buses and several cars left stranded in flooded roadways. The National Meteorological Administration (ANM) issued successive orange […]
Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
