EU funding awarded for two solar projects in Romania

Business Forum

17 June, 2025 at 10:11 AM

Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.

"This is a clear example of how a partnership between the state and the business environment can function well, where there is seriousness, know-how, and trust from investors," stated Burduja.

Through the company Termoficare Oradea, local authorities are investing in a photovoltaic park with a 10MW capacity and a 15 MWh storage unit.

The second project, originating from the private sector, involves Gura Solar Plant, which will construct a 74 MW photovoltaic park with a 10.16 MWh storage component.

The total investment for this project exceeds RON 139 million (€27.9 million), of which over RON 12 million (€2.4 million) comprises non-reimbursable funds, with the remainder covered by the investor.

Enexus aims to exceed 600MW in installed renewable capacities

Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.

Energy

Romania launches second CfD auction for renewable capacities

The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.

Energy

Romania inks first energy memorandum with Turkey

Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.

Energy

Romania's energy system is operating without any issues, says minister

Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.

Energy

Romania faces a clean energy glut during the Easter holidays

Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,

Energy

OMV Petrom and CE Oltenia start €400 million investment in PV projects

Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.