Romania Provides Funding for C&I Battery Storage Systems

The government of Romania is looking to support the deployment of commercial and industrial (C&I) battery energy storage systems (BESS) to the tune of EUR 103.5 million. Minister of Energy Virgil Popescu said in a Facebook post that projects can be submitted until Dec. 28.

The grants will be allocated for the purchase of system components and equipment for the construction of new battery projects, as well as the construction of the BESS facilities. Eligible applicants include micro-, small- or medium-sized enterprises (including startups), and large enterprises.

The government has secured a total of EUR 103.48 million, of which EUR 79.6 million is from the National Recovery and Resilience Plan (NRRP), with the remaining amount coming from state funds. Romania’s National Recovery and Resilience Plan consists of EUR 14.24 billion in grants and EUR 14.94 billion in loans. About 41% of the plan will be directed to the green energy transition.

(for the whole article, see here)

(pv-magazine.com, December 2, 2022)

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