Nofar Energy has obtained €110 million ($122.5 million) in financing from the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International to build two solar projects in Romania with a combined capacity of 300 MW.
Romania’s Ministry of Energy has approved a new contracts-for-difference (CfD) mechanism, set to launch later this year. The first round will include 500 MW of solar, with the remaining capacity to be allocated in next year’s tender.
The European Bank for Reconstruction and Development and Eiffel Investment Group are providing €24.4 million in funding for the construction of a 60 MW solar plant in southern Romania.
The Romanian Energy Regulatory Authority (ANRE) has adopted several changes to grid connection processes, including the implementation of an auction-based grid connection mechanism for plants above 5 MW from 2026 onwards.
Romania is aiming to have at least 2.5 GW of energy storage installed by the end of next year and to exeed 5 GW only a year later.
Romania’s parliament has adopted a bill mandating prosumers with PV systems with capacities from 10.8 kW to 400 kW to install energy storage systems.
OMV Petrom, a majority-owned Romanian oil and gas supplier, has purchased a 50% stake in three solar projects in Romania.
Romanian energy company TMK Hydroenergy Power has switched on the country’s first floating solar project. The facility, located on a pond in Caras Severin county, is connected to a hydropower plant.
This week, Women in Solar Europe (WiSEu) gives voice to Oana Ijdelea, the founder and managing partner of Romanian law firm Ijdelea & Associates. She says there is no objective blockage impeding women from pursuing a career in the renewable sector. There is, however, a vicious circle where women may become reluctant to apply for a position where males appear to be more present, and on the other hand, the lack of female presence in such roles does not encourage other women to step in.
Consortia featuring subsidiaries of Chinese solar module maker Longi and Chinese industrial conglomerate Shanghai Electric have withdrawn from a public procurement tender for a solar park in Romania. The European Commission opened two anti-subsidy investigations into their involvement, which have now been closed.
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