Renewables

Subsidies in Romania should last until solar panels are installed on last roof

Subsidies-Romania-solar-panels-are-installed-last-roof

Photo: Wirestock on Freepik

Published

January 8, 2024

Country

Comments

0

Share

Published:

January 8, 2024

Country:

Comments:

0

Share

Minister of Environment, Water and Forests Mircea Fechet expressed hope that subsidy schemes in Romania like Casa Verde Fotovoltaice wouldn’t stop until solar panels are installed on the last roof in the country.

Romania joined the group of gigawatt-scale markets in 2023 in terms of installed photovoltaic capacity within one year and the list of mature projects keeps getting longer. In fact, SolarPower Europe expects the country to reach 8.7 GW by 2027. The solar boom is fueled by all segments from prosumers to municipal authorities to transmission system operator Transelectrica.

The number of prosumers – households, firms and institutions – has surpassed 100,000, compared to just 1,634 at the end of 2020. The combined capacity of their installations is estimated at more than 1.4 GW.

The Casa Verde Fotovoltaice subsidy mechanism was blocked since September

Minister of Environment, Water and Forests Mircea Fechet bets on a further expansion. He told Radio România Actualități that the Casa Verde Fotovoltaice subsidy mechanism for households has been unblocked. Namely, a court suspended it in September after an installer filed a complaint for not being accepted to enter the program.

The issue was resolved amicably, Fechet stressed. “I hope we don’t stop financing such programs until we have a photovoltaic panel on the last roof in Romania,” he pointed out.

By the end of this week, the Environment Fund Administration (AFM) will sign its 90,000th contract, he claimed.

In the Casa Verde Fotovoltaice scheme, the government provides just above EUR 4,000 at most through AFM or up to 90% for photovoltaic facilities while the beneficiary covers the rest. Romania earmarked EUR 342 million for the program in 2023, the minister noted.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Albania production battery energy storage systems

Project launched in Albania for production of battery energy storage systems

27 February 2024 - Vega Solar agreed with an unnamed Indian company to build the first lithium ion battery factory in Albania

Kosovo power utility KEK replaces acting CEO

Kosovo* power utility KEK replaces acting CEO

27 February 2024 - KEK) appointed Bekir Gërguri as acting chief executive officer and Ramadan Budakova as his deputy, also in an acting capacity

Greece, Bulgaria offer best returns on battery investments in Europe

Greece, Bulgaria offer best returns on battery investments in Europe

27 February 2024 - Investments in battery storage offer the opportunity for profitable energy arbitrage, according to Rystad Energy

EBRD reiterates commitment to Western Balkans decarbonization

EBRD reiterates commitment to Western Balkans decarbonization

27 February 2024 - EBRD intends to expand its activities in the Western Balkans, but it warned that private investment and EU funding imply reforms