Ministry of Energy launches the call of projects for new capacities to produce energy from renewable sources

The Ministry of Energy announces the launch of the call for projects for the production of energy from renewable sources (wind and solar), with a budget of 457 million Euro, with funding from  PNRR. Applications can be submitted between March 31 and May 31, 2022, on a platform whose link will be posted on the website of the Ministry of Energy.

“We come up with real solutions and the necessary funding. The implementation of projects eligible for funding under this aid scheme aims to increase by approximately 950 MW the installed capacity to produce electricity from wind and solar energy, with or without integrated storage facilities. Making investments means long-term solutions for the energy security of our country,“ said Virgil Popescu, Minister of Energy.

Wind power:

1,300,000 Euro / MW- for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive);

650,000 Euro / MW- for installed capacities greater than 1 MW.

Solar energy:

750,000 Euro / MW – for installed capacities between 0.2 MW (exclusive) and 1 MW (inclusive);

425,000 Euro / MW – for installed capacities greater than 1 MW.

The maximum aid that can be granted for an investment project cannot exceed 15,000,000 euros per company, per investment project.

Through PNRR, the Energy component benefits from an allocation of 1.62 billion euros.