Romania renewable capacities reached 5,163MW at end-March

The total renewable capacities in Romania have reached 5,163MW at the end of March, according to data by grid operator Transelectrica.

The total wind capacities amounted to 3,129MW, while solar reached 1,343MW. Small hydro plants had 588MW, while biomass had a combined capacity of 103MW.

In 2016, the mandatory quota of electricity from renewable sources that benefits from green certificates accounts for 12.15 percent of the total gross electricity production.

Last year, this quota was 11.9 percent.

Read why green energy investors are struggling with financial pressures in the country

The renewable producers are already struggling to make money in Romania, after the government cut the incentives in order to block electricity prices from spiraling out of control.

Read more about

World Class continues to expand its network by acquiring two new health & fitness clubs with pools in Timișoara

read more

Large industrial investors are already exempted from acquiring a large share of the certificates.

According to players, the renewable sector has attracted investments of over EUR 7 billion in the past few years.

Ovidiu Posirca