Resi PV systems gain ground as power prices expected to grow in Romania

Business Forum
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap, there has been a significant surge in interest in photovoltaic systems. 

Data from Kilowat, a green energy solutions company, indicates that interest has doubled in the first months of 2025 compared to the same period in 2024. 

“Those with energy bills between RON 500 (€100) and over RON 1,200 (€241) per month are the most interested in photovoltaic panels because from July 1 they will pay RON 1,000 (€200), respectively over RON 2,400 (€482) per electricity bill, amounts that will affect their personal budget. There are people who live in houses with many consumers, maybe even an electric car, and they want to have comfort and get rid of the worry about energy bills,” says Albert Soare, Founder of Kilowat.

In recent years, Kilowat has installed solar panels for over 3,000 individual and corporate clients.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  29 May, 2026 at 6:02 PM
Business Forum  |  29 May, 2026 at 1:00 PM