Romania’s Ministry of Energy has approved state aid worth €32.92 million ($27.2 million) to support the construction of a 1.5 GW solar photovoltaic panel factory. SC Heliomit SRL will build the manufacturing facility in Bârlad, located in northeastern Romania. The funding has been approved under the country’s National Recovery and Resilience Plan (PNRR).
The investment contract, signed in November 2024, is one of three solar manufacturing projects to receive approval under the PNRR. Together, these projects are expected to produce over 1.7 GW of solar cells and panels annually, with a total of more than €47 million in state aid allocated for their development.
In addition, Romania’s authorities have signed a €3.89 million contract in October for a 140 MW manufacturing and recycling facility in Sfântu Gheorghe, central Romania. The country has also recently launched a 1.5 GW renewables tender to procure 1 GW of wind and 500 MW of solar power. Results from the auction, announced in December, allocated 432 MW of solar capacity at an average price of €0.051/kWh. This auction is part of a broader renewable energy procurement scheme aimed at building 5 GW of wind and solar capacity in the country.
