The call for projects “Supporting investments in the development of electricity storage capacities (batteries) with financing from the Modernization Fund” is extended by one month, respectively until February 17, 2025, the Ministry of Energy announced in a press release.
Initially, the deadline for submitting projects to the program was January 17, 2025.
“The Ministry of Energy announces the extension of the call for projects under Key Program No. 1 – Renewable Energy Sources and Energy Storage – “Supporting investments in the development of electricity storage capacities (batteries) with financing from the Modernization Fund”. The call for projects is extended by 30 days, respectively until February 17, 2025,” the release states, according to Agerpres.
According to the cited source, the conditions for the call and all related documents remain unchanged.
The storage capacity annually absorbs at least 75% of its energy from the renewable energy production facility to which it is directly connected.
The call for projects is competitive, based on a competitive bidding procedure and is based on the selection criterion of the amount of state aid requested for the project from the eligible expenses per MWh of storage installed.
Projects are submitted in the dedicated FM electronic platform, MySMIS2021, and eligible applicants are: economic operators of the company type (microenterprises, small, medium-sized enterprises and large enterprises, excluding newly established enterprises), as well as autonomous public authorities, legally established in accordance with national legislation or in accordance with the specific legislation of the member state whose nationality they hold and registered with ONRC, in Romania, until the date of the first payment of the state aid granted.
On the other hand, applicants operating in the fisheries and aquaculture sector are not eligible.
“At the time of submitting the application for funding, the applicant must hold a real right over the renewable energy production facility to which the storage facility for which funding is requested will be directly connected and must at least provide proof of obtaining the notification of energizing for the trial period from the relevant network operator, and at the contracting stage it is mandatory to submit the connection certificate and the supporting document for the final energizing of the production facility,” the program’s Financing Guide states.
The estimated total budget of the scheme is the equivalent in lei of 150 million euros, at the euro exchange rate of the month prior to the opening of the competitive bidding procedure and represents non-refundable amounts from the Modernization Fund.
State aid is granted in lei in the form of reimbursement of eligible expenses incurred and cannot exceed 100% of the eligible expenses of the project and ten million euros/enterprise/project, and the value of state aid granted per MWh of installed storage is a maximum of 100,000 euro.