What is the battery funding program?
General Details about the Program
Launched by the Ministry of Energy, the program aims to fund projects for renewable energy storage batteries.
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Total Budget: 150 million EUR
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Funding per Project: Maximum of 100,000 EUR/MWh, up to 10 million EUR per company
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Objective: Increase companies' efficiency and reduce dependence on the grid.
Who can apply?
Applicant Eligibility
Companies registered in Romania, including SMEs and large economic operators.
Eligible Sectors: Renewable energy, storage, and energy management.
Projects must comply with the guidelines of the Modernization Fund.
How does the funding work?
Funding Amount and Conditions
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Maximum Funding: 100,000 EUR/MWh of installed capacity.
Example: If you install 5 MWh, you can receive up to 500,000 EUR. -
Own Contribution: Co-financing is required, as per the guidelines.
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The project must meet eligibility criteria and be implemented within the terms set by the authorities.
The benefits of implementing storage batteries
Why Invest in Storage Batteries?
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Reduce operational costs by storing surplus energy.
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Increase energy independence.
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Opportunity to generate additional revenue by selling surplus energy.
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Eco-friendly solutions that help reduce carbon emissions.
Why Choose Us for Implementation?
Our Comprehensive Services
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Consultation: Assistance with preparing documentation and securing funding.
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Energy Audit: Optimal sizing of storage batteries.
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Design and Implementation: Turnkey technical solutions.
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Monitoring and Maintenance: Post-installation support and upkeep.
Steps to Apply
How Can We Help You Secure Funding?
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Contact Us: Schedule a free consultation.
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Energy Audit: We assess your company’s needs.
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Application Submission: We prepare all the necessary documents.
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Implementation: We install and optimize the battery system.
Frequently Asked Questions (FAQ)
How long does the funding approval process take?
Answer: Approximately 2-3 months from the submission of the application.
What types of companies are eligible?
Answer: All companies registered in Romania that operate in the renewable energy sector.