Currently, Romania has a cumulative installed PV capacity of about 1.3GW, most of which is provided by solar power parks.
The Romanian Ministry of Energy has launched a tender program for the deployment of 950MW of renewable energy capacity.
The government has allocated a budget of 457.7 million euros for the procurement campaign to provide tax rebates for wind and solar projects, which may also involve energy storage. Of this budget, 372.7 million euros will be used for projects with an installed capacity of more than 1MW, and 75 million euros for wind and solar power projects with an installed capacity of 200kW to 1MW.
The Romanian government will provide a tax rebate of 750,000 euros per megawatt installed capacity for photovoltaic power generation projects with an installed capacity of 200kW to 1MW, and a tax rebate of 425,000 euros per megawatt installed capacity for solar panel projects with an installed capacity of more than 1MW. For wind power projects of two installed capacities, the tax rebate amounts are 1.3 million euros and 650,000 euros respectively.
The winning project must begin commercial operations in June 2024. Interested developers have until May 31 to submit project proposals. Romania also supports the deployment of solar photovoltaic power generation on residential rooftops through the Casa Verde Fotovoltaice (Green Photovoltaic Home Program) under the National Grid Metering System. According to the latest statistics from the International Renewable Energy Agency, Romania had an installed solar capacity of 1.39GW at the end of 2020.