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The Ministry of Energy revealed the results last week (2 November) for the EU-backed tender, which opened in August and will provide financial support to over 300 renewable and energy storage projects, covering up to 50% of construction costs.
The second call was for those over 200kW with no upper limit. In that call, 2,660MW of renewable projects won funding while 1,000MW of energy storage projects were successful, spread across 65 projects winning a total of 427.5 million (US$238 million).
All in all, 3,095MW of renewables projects and 1,176MW of energy storage projects won in the tender. Projects will need to be operational by 31 March, 2026.
The funding comes from Bulgaria’s portion of the EU-wide Recovery and Resilience facility, the bloc’s scheme to help countries mitigate the negative economic effects of the Covid-19 pandemic.
The facility has also supported energy storage deployments inRomania,FinlandandGreece, while the separate Temporary Crisis and Transition Framework (''TCTF'') has supported projects in Poland, HungaryandSlovenia.
Just a few days after the Bulgarian ministry’s announcement, Romania revealed the results of one of its support schemes.
Minister of Energy Sebastian Burduja yesterday (4 November) signed off some €30 million of support for five battery energy storage system (BESS) projects totalling 791.48MWh. They are:
However, the Ministry’s announcement added that another 13 projects totalling 1,757MWh have been sent pre-contracting notices for a total support of €73.8 million, so the total capacity supported should grow to around 2.5GWh.
Just yesterday, Energy-Storage.news reported on a 2GWh BESS for which an environmental permit is being sought by its developer, independent power producer (IPP) Monsson.
The double helping of news from the region comes a month after Solar Media''s Energy Storage Summit Central and Eastern Europe (CEE) 2024 in Warsaw, Poland, which looked at the major drivers, opportunities and regulatory and market challenges for storage in CEE.
The Romanian ministry’s announcement also included support for solar PV manufacturing, including €32.9 million for a 1.5GW solar panel factory in Barlad, Vaslui county, being built by SC Heliomit.
Following the unprecedented crisis caused by the COVID-19 pandemic, Romania''s recovery and resilience plan has responded to the urgent need to foster a strong recovery, while making Romania''s economy and society more resilient and future ready. In response to the energy market disruption caused by Russia''s invasion of Ukraine, the Commission launched the REPowerEU Plan. The Recovery and Resilience Facility is at the heart of its implementation and its funding. Under REPowerEU, EU countries have updated their recovery and resilience plans with new measures to save energy and diversify the EU''s energy supplies.
Focusing on green technologies and capacities - sustainable mobility, energy efficiency and renewables, climate change adaptation; circular economy; and biodiversity.
Policies for the next generation
Improving access to and the quality of general, vocational, and higher education; focusing on digital education, early childhood education and care; supporting youth employment.
Smart, sustainable, inclusive growth
promoting entrepreneurship, competitiveness, industrialisation; improving the business environment; fostering research, development and innovation, supporting small- and medium-sized businesses.
Promoting the roll-out of very high-capacity networks, the digitalisation of public services, government processes, and businesses, in particular SMEs; developing basic and advanced digital skills; supporting digital-related R&D and the deployment of advanced technologies.
Social and territorial cohesion
Improving social and territorial infrastructure and services, including social protection and welfare systems, the inclusion of disadvantaged groups; supporting employment and skills development; creating high-quality, stable jobs.
Health and economic, social and institutional resilience
Improving the resilience, accessibility and quality of health and long-term care, including measures to advance their digitalisation; increasing the effectiveness of public administration systems.
The map exclusively serves information purposes and is not an exhaustive database of projects supported by the Recovery and Resilience Facility. It does not reflect the distribution of the projects funded by the Recovery and Resilience Facility across the European Union, nor across different geographical areas or sectors within EU Member States. The RRF funding amounts shown for measures are based on the initial cost estimates included in the recovery and resilience plans.
Furthermore, the projects showcased are without prejudice to any future assessment by the Commission in the context of verifying the satisfactory fulfilment of milestones and targets under Regulation (EU) 2021/241 establishing the Recovery and Resilience Facility.
The country snapshot illustrates some of the most iconic and impactful projects included in the Romanian Recovery and Resilience Plan that will bring positive change for EU citizens, businesses and the EU at large.
The reforms and investments in Romania''s plan are helping it to become more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transition. Following Council''s approval of Romania''s plan on 29 October 2021, Romania''s recovery and resilience plan was revised on 8 December 2023 also to introduce a REPowerEU chapter.
*The plan is entirely financed by RRF grants and loans and REPowerEU Grants.**This value includes the transfer from the Brexit adjustment reserve requested by Romania and Romania''s REPowerEU grant.
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