Featured in Approaching the peak – 04-2013

Romania bucks EU trend of solar retrenchment

Romania: Reasons to be cheerful: Vladimir Pekic takes a look at the Romanian PV market – a rare bright spot in a continent where austerity is casting a long shadow over PV – and destroys a few myths, including the idea corruption and bureaucracy are significant hurdles to overcome in the country.

Every solar developer’s dream is to be in the right market at the right time and it seems Romania is the place to be in 2013. While austerity driven governments across Europe slash support for PV, Romania is bucking the trend by offering developers an enticing mix of a predictable remuneration scheme combined with excellent …

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