Renewables

50 green projects in Romania received EUR 54 million

Published

October 7, 2016

Country

Comments

comments icon

0

Share

Published:

October 7, 2016

Country:

Comments:

comments icon

0

Share

50 Romanian companies and NGOs received total of EUR 54 million from private financing and Norwegian grants for the development of green projects. At this stage two countries negotiate the new agreement  for the period until 2021.

The state of Norway green investments, worth EUR 26 million, had been awarded for Romanian companies and NGOs within the financing program from 2009 to 2014 . Investments resulted in over 200 permanent jobs created from 2013 to early 2016.

Green technologies, eco-innovative products and services projects received 20 grants. 16 projects were funded to address the issues such as waste reuse, energy efficiency improvements, and use renewable resources in businesses. The other 14 projects focused on innovation and development of the entrepreneurship spirit in green economy.

The projects were executed between March 2013 and April this year under the “Green Innovation in the industry in Romania” Program. The program provided EUR 54 million, with EUR 28 million from private co-financing and EUR 26 million from Norwegian grants.

30 projects received between EUR 200,000 and EUR 1,5 million, and others received amounts between EUR 50,000-200,000.

Norway and Romania are currently negotiate a new agreement for financing green projects for 2014-2021 period, Romania Insider reported.

Related Articles

Turkish geothermal power plant operator drill for geothermal lithium

Turkish renewables firm to drill for geothermal lithium

26 July 2025 - Margün Energy intends to search for lithium in geothermal water in western Turkey, where it took over a 12 MW geothermal power plant

serbia wind farm plandiste nis met dubravka djedovic

Government of Serbia interested in taking over Plandište wind project

25 July 2025 - Plandište is one of the projects that obtained feed-in tariffs under the first quota of 500 MW for wind power plants in Serbia

Over 20,000 prosumer projects connected in Greece during last 18 months

Over 20,000 prosumer units connected in Greece in last 18 months

24 July 2025 - Households and businesses remain highly interested in becoming prosumers in Greece, although the new net billing program faces delays.

Project 81 MW solar park on coal mine in Montenegro

Project underway for 81 MW solar park on coal mine in Montenegro

24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja