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Home - Energy Storage - Romania allocates €150 million for rollout of standalone battery storage – SPE
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Romania allocates €150 million for rollout of standalone battery storage – SPE

solarenergyBy solarenergyJanuary 21, 2025No Comments2 Mins Read
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The Romanian Ministry of Energy has announced a new round of financing from the Modernization Fund, intended for battery energy storage systems.

January 21, 2025
Marija Maisch

Minister Burduja during his recent visit to Romania’s largest operational BESS project with an installed capacity of 24 MWh

Image: Monsson

By ESS news

Romania has launched a new non-refundable financing program for battery energy storage systems amounting to €150 million ($158 million), this time earmarked for standalone facilities.

The Energy Ministry said on Friday that the program will take the form of a competitive bidding process, with a single criterion for ranking the offers, namely the value of state aid requested in €/MWh.

The list of potential beneficiaries includes micro-enterprises, small and medium-sized enterprises, but also large enterprises (including newly created entities) and autonomous authorities, legally established in Romania or another EU Member State and registered with the National Trade Register in Romania before the date of the first payment of State aid granted under the scheme.

To read further, visit our ESS news website.

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See also  Masdar, Sarawak Energy and Gentari plan large-scale floating solar energy in Malaysia – SPE
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