The government will grant rebates to residential PV projects and may cover up to 90% of the costs of purchasing and deploying a rooftop array.
Romanian petroleum transport services provider Conpet announced plans to install PV plants across five of its facilities. Initial investment will be limited to 3 million ROL ($680,000), but the group aims to create a renewable energy business unit under its 2020-2025 strategy.
OMV Petrom has installed rooftop PV arrays on 40 of its gas stations across Romania.
Complexul Energetic Oltenia, a Romanian coal-fired power producer, plans to build 310 MW of PV capacity across four sites at one of its facilities. The projects are part of the company’s restructuring efforts and decarbonization plan.
From Friday, Romanian homeowners and businesses may file applications for rebates that could cover up to 90% of the cost of rooftop arrays, provided the grant does not exceed $4,830. Applications will be accepted until March 1.
The rebate mechanism may cover up to 90% of the costs for buying and installing a rooftop PV system, but grants may not exceed 20,000 RON (around US$4,800). The scheme is intended to support the development of net metered residential solar projects.
The new rules may help the Eastern European country resume its solar development after two years of very limited growth. Only PV and renewable energy systems not exceeding 100 kW in size will be allowed to enter the scheme.
The Romanian solar PV market has ground to a halt, following the expiration of the green certificate scheme for large-scale renewables. New provisions for net metering and distributed generation, however, may come into force soon.
Net metering contracts will have to be signed with the four local power distributors. The new rules will come into force after their publication in the Romanian official journal.
ReneSola has recorded a net loss of $31.5 million for the second quarter of 2017, from a loss of $23.2 million in the first three months of the year.
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