Romania solar tiles

What are the different solar energy schemes in Romania?

Some of the most notable schemes include: Feed-in-tariff (FIT) scheme: Under this scheme, renewable energy producers in Romania, including solar energy producers, are guaranteed a fixed price for their electricity for 15 years. The FIT rates for solar energy are revised every year, and they depend on the type and size of the solar project.

Is Romania a solar market?

According to the International Renewable Energy Agency (IRENA), Romania is now considered one of the top ten solar markets in Europe, with a total installed solar photovoltaic capacity of 1,545 MW as of the end of 2023. One primary driver was the EU Modernization Fund.

Does Romania have a good climate for solar energy?

Romania boasts an ideal climate for solar energy, with an average of 1,600 kWh/m2 of solar irradiation annually. To encourage the expansion of solar energy development, the government has implemented many national and European policies to incentivise more renewable investment.

What incentives are available for solar energy producers in Romania?

Romania has implemented several government-based incentive schemes to encourage the development of solar energy. Some of the most notable schemes include: Feed-in-tariff (FIT) scheme: Under this scheme, renewable energy producers in Romania, including solar energy producers, are guaranteed a fixed price for their electricity for 15 years.