Portable ESS system project financing options in Romania 2025

How much does Romania spend on energy storage?

Specifically, Romania allocated EUR 80 million (USD 87m) under its National Recovery and Resilience Plan for an energy storage programme expected to award 1.8 GW of capacity. Submitted projects as part of the scheme are being assessed and contracts are due to be signed in September.

Which Romanian companies are adding Bess to their renewable assets?

Other Romania-based companies, such as Parapet and Waldevar Energy, have told pv magazine that adding BESS to their renewable assets is a top priority. The May edition of pv magazine features an in-depth look at Romania’s solar and energy storage markets.

Is the Bess market heating up in Romania?

The BESS market in Romania is heating up, say local analysts and insiders. Irene Mihai, policy officer at the Romanian Photovoltaic Industry Association (RPIA) recently told pv magazine that a realistic target for the utility-scale BESS segment in Romania “would be around 2 GWh (around 1 GW of installed capacity)” for 2030.

What does the NRRP financing agreement mean for Romania?

These six financing agreements mark significant progress in Romania’s efforts to develop a domestic industrial chain for battery production, assembly, and recycling, while expanding the country’s energy storage capacity, contributing to its broader NRRP goals.

When will a Bess project enter the market?

Based on its modeling, Aurora foresees double digit internal rates of return for standalone BESS projects entering the market as early as 2026, while co-located assets could prove even more promising – especially post 2028 where rising saturation in the balancing markets is observed, it said.

How much did a Bess project cost?

In addition, two contracts worth €23 million were awarded for developing BESS projects with a total installed capacity of 361.96 MWh. Rpower BESS-Two received €14.9 million to build a 245 MWh electricity generation and storage facility, while Teius Solar was granted €7.6 million to construct a 116.96 MWh BESS facility.