Renovatio Trading has embarked on an ambitious energy storage project aimed at enhancing the country’s energy resilience and sustainability. The project in Toplița, Harghita County, is supported by funding through Romania’s National Recovery and Resilience Plan (PNRR), under Component C6 for Energy. 

The Romanian Constitutional Court declared unconstitutional the provisions in Government Emergency Ordinance No. 27/2022 that imposed additional taxes on renewable energy production. This decision follows a surge of lawsuits in administrative courts, where affected companies challenged the legality of over-taxation on constitutional grounds.

Article by Andreea Caragui, Glodeanu&Partners We have officially entered the Contracts for Difference (CfD) season. 

Deloitte Romania assisted OMV Petrom in the acquisition of several photovoltaic park projects to be developed in Teleorman county from the Danish company Jantzen Renewables. The transaction, signed in June 2023, was recently completed, following approval from the Commission for the Examination of Foreign Direct Investments.

POLYTRADE GLOBAL has signed two Engineering, Procurement, and Construction contracts for solar projects in Romania, underlining its commitment to renewable energy and infrastructure development in the country.

On October 29-30, 2024, Bucharest will host the Power Shift Summit, organized by the Romanian Wind and Photovoltaic Associations (RWEA & RPIA).

Parapet has successfully completed Romania’s first solar repowering project, restoring full operational capacity to a 9.5 MWp photovoltaic power plant owned by the Austrian Kraftfeld Group. 

ENGIE Romania has broadened its renewable energy portfolio by launching its first hybrid power plant, which combines wind and solar energy. Located in Gemenele, Brăila County, the facility has a total installed capacity of 57 MW and is expected to generate around 140 GWh annually.