A tale of two realities for Romanian renewables
On paper, Romania appears to be putting its faith in solar and energy storage. Analysts say the investment outlook is very positive, particularly for battery energy storage systems (BESS) but local companies want more long-term certainty from the government. With elections this month, and a change of administration expected, this stability is unlikely to materialize.
By the end of 2025, Romania is targeting 2 GW of solar, having installed 1.7 GW in 2024, according to data from the Romanian Photovoltaic Industry Association (RPIA).The country’s first renewable energy auction, in 2024, awarded contracts to 11 solar projects, driving growth. The second round of the contracts-for-difference (CfD) auction is due to take place, targeting …
Advertisement
Advertisement
Advertisement
Advertisement