Resi PV systems gain ground as power prices expected to grow in Romania

Business Forum

19 March, 2025 at 10:29 PM

As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap, there has been a significant surge in interest in photovoltaic systems.

Data from Kilowat, a green energy solutions company, indicates that interest has doubled in the first months of 2025 compared to the same period in 2024.

“Those with energy bills between RON 500 (€100) and over RON 1,200 (€241) per month are the most interested in photovoltaic panels because from July 1 they will pay RON 1,000 (€200), respectively over RON 2,400 (€482) per electricity bill, amounts that will affect their personal budget. There are people who live in houses with many consumers, maybe even an electric car, and they want to have comfort and get rid of the worry about energy bills,” says Albert Soare, Founder of Kilowat.

In recent years, Kilowat has installed solar panels for over 3,000 individual and corporate clients.

Nofar Energy signs development contract for 265 MW PV plant in Romania

Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.

Industry

TenarisSilcotub completes 20 MW PV park in Călărași

Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.

Energy

Verbund buys wind farm in Romania

Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.

Energy

Over 10,000 applications approved under the Green Photovoltaic Homes Program

The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.

Industry

Symmetrica gears up to complete €50 million factory in Romania

Symmetrica, a local manufacturer of vibrated pressed paving stones and kerbstones, is preparing to complete its new factory in Bolintin Vale.

Energy

Romania's renewable sector could see around 5,000 MW in new capacities

Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.

Energy