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.
The European Bank for Reconstruction and Development (EBRD) has launched a new framework aiming to help Romanian households to invest in energy efficiency, renewable energy and water-saving solutions. Solar PV is also part of the framework, which is the first serious effort to support the development of rooftop PV in the country.
The Romanian government has approved a new measure to eliminate the validity period of 12 months for the green certificates. The certificates will now be valid until the end of the support scheme in 2032 and will be taxed upon sale, not upon registration.
Romania’s solar market registered a slight drop in new installations in 2016. Approximately 70 MW was installed last year. This capacity is represented by MW-scale PV projects developed under the green certificate scheme launched in 2011.
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