Companies and local authorities will have over 1.5 billion euros in grants available for investment in energy and energy efficiency at the beginning of next year, given that, in Romania, more than 70,000 MW of new photovoltaic projects are in various stages of development, with grid connection contracts already signed, according to data from REI, a group of companies specializing in attracting non-reimbursable financing through European funds and state aid.
Over 500 projects, totaling more than 1,500 MW of renewable energy and over 2,000 MW of battery storage REI Grup team has underway.
„Interest in investing in photovoltaic parks or increasing energy efficiency in manufacturing has exploded since 2022, with the onset of the energy crisis following Russia’s invasion of Ukraine. Since 2023, the authorities have been preparing a series of funding programs designed to stimulate investment in green energy, and in recent years we have seen a dramatic increase in applications through funding schemes, as well as in projects carried out independently. Estimates show that, at present, contracts have been signed for the grid connection of over 70,000 MW of new solar energy projects.”, according to Roxana Mircea, managing partner at REI.
The projects were submitted between 2023 and 2025, or in preparation for 2026, through various financing programs made available by the authorities and mainly target investments in the photovoltaic field – photovoltaic parks or investments for own consumption (e.g. industrial buildings) – as well as battery storage.
„We are delighted that 2025 is the third consecutive year in which we have contracted approximately 100 projects to finance investments in renewable energy through non-reimbursable funds, a performance that honours us and shows us that expertise in the field plays a key role. Over the past four years, we have contracted over 400 projects, both for the installation of new renewable energy capacities and for storage batteries, and over 100 other projects are in preparation to be submitted early next year through new financing schemes announced by the authorities. There is huge potential for development in this sector”, Roxana Mircea added.
