Solar energy quotes Romania

Is Romania a good country for solar energy?

National targets for solar PV With an average of 1,900 to 2,400 annual sunlight hours, Romania has significant natural potential for solar PV development. Yet, the country has not set ambitious targets for renewable energy sources, aiming for only 30.7% of its final energy consumption to come from RES by 2030.

How much solar energy does Romania need?

In the context of the European ambitions, Romania would need to aim for 44.4% RES, meaning 11.1 GW of solar - 6.1 GW for utility-scale and 5 GW for rooftop PV1. Drivers for solar growth The last two years have been marked by significant legislative changes that underpinned the development of the Romanian PV sector.

Why should we invest in Romanian solar?

Econergy identified Romania as an important European renewables player at the end of the 2010s and has become a leading developer and investor in Romanian PV. We have learned where Romania’s bold commitments create opportunity, where growth is delayed, and how Romania is weathering current international challenges. Solar regulation

How much energy will Romania have by 2030?

The new plan aims for 36% of Romania’s energy to come from renewables by 2030 – higher than the figure allocated it by the European Commission – with 8.3 GW of solar and 7.6 GW of wind. Bucharest has committed to phase out coal by 2032.

Will Romania increase solar power by 2023?

Econergy's 155 MWp Ratesti solar project, in Romania. During the COP28 climate summit in Dubai in December 2023, Romanian president Klaus Iohannis pledged to increase his country’s PV generation capacity to more than 8 GW by 2030. That would mark a sixfold increase on the 1.39 GW of solar in Romania in 2020.

What is Econergy doing in Romania?

Econergy has 233 MW of projects under construction in the country and a pipeline of around 2 GW in development or ready to build. We are excited to continue building in Romania. About the author: Bogdan Asanache is Econergy’s country manager for Romania.