Romania telecommunications base station wind power bidding

How many GW of wind & solar will Romania have in 2025?

The Ministry of Energy is seeking bids for 1 GW of wind installations and 500 MW of solar. The procurement process is expected to finish on March 25, 2025. Romania is targeting a 36% share for renewables in its energy mix by 2030, which includes 8.3 GW from solar and 7.6 GW from wind. Its renewables sector is currently dominated by hydropower.

What is Romania's new energy strategy?

Romania’s new draft energy strategy aims for 44 per cent of gross final energy consumption from low-carbon sources by 2035. The EBRD, a leader in climate finance, has supported the implementation of renewable energy auctions across its countries of operations.

How much solar power does Romania have in 2023?

As of the end of 2023, the country had a total of 1.91 GW of solar PV and CSP and 3.09 GW of wind power installed, according to the latest edition of the EI Statistical Report. Romania is holding its first auction for renewable energy, allocating 1.5 GW in wind and solar projects.

How has the EBRD helped Romania move towards cleaner energy?

In Romania, the Bank is fully supporting the country’s move towards cleaner energy. Since the beginning of this year, the EBRD has financed nearly 1GW of renewable capacity across six projects. These investments, amounting to over €180 million from EBRD funds, have further mobilised almost €1 billion of private and public finance.