New Opportunities in Romania’s Revived Solar PV Market: Returning Conference to Provide Key Platform for Knowledge and Network Sharing
/LONDON, April 19, 2023, 16:00 BST, SolarPlaza, RENEWABLE MARKET WATCHTM/ After a long period of stagnation, the Romanian solar PV market has come to life again. With enhanced government support schemes, Romania is even expected to reach its 5 GW target for 2030 five years early. The second edition of the Solarplaza Summit Romania will pinpoint the opportunities and challenges of this high-potential market on the rise and provide a vital platform for knowledge and network sharing.
SOLARPLAZA SUMMIT ROMANIA 2023
27 April 2023, JW Marriott Bucharest Grand Hotel, Bucharest, Romania
If you are active in renewable energy, this is the event to be in!
As the country aims to phase out coal by 2032 and reach a 30.7% share of renewable energy in its energy consumption mix, it needs to add around 7 GW of RE capacity by 2030, 3.7 GW of which is expected to come from solar. Under the government’s National Energy Climate Plan, new support schemes and mechanisms have been launched. A budget of €457.7 million has been allocated for the deployment of 950 MW wind and solar projects. And a new Contract for Difference scheme will reportedly start in 2023 and could target 3.5 GW of solar and wind projects by the end of 2024. Additionally, new legislative changes have sped up permitting processes and have removed significant regulatory barriers to the development of renewable energy projects on agricultural land up to 50 hectares in size. And through the Casa Verde Fotovoltaice scheme, there’s also additional support for rooftop solar projects (<400 kW). But the market is not without its challenges. High connection costs and limited grid capacity availability can pose threats to project development.
The Solarplaza Summit Romania features a program and lineup of expert speakers that will dissect the market and its particular opportunities and challenges. Attending the event will allow market players to learn more about the first CfD round for at least 1500 MW of capacity expected in 2H 2023, new project acquisitions, and the opening up of PPA possibilities. Moreover, the event will offer insights into mitigating the typical 'young-market challenges', like the volatile political and regulatory environment. Participants will get to know - in person - how the policy will be shaped in the years to come; what the expert outlook and forecast for the next 5-10 years will be; what the biggest deals on the table are right now; and how international companies can successfully enter the market in cooperation with local partners.
Outside of the sessions that allow you to absorb this crucial market knowledge, attendees will get to enjoy ample networking opportunities. The highly-focused crowd will include developers, investors, banks, EPCs, and service providers from both the local market and the experienced international scene. The Solarplaza Summit Romania will provide a heavy dose of fresh market information, inspiration, and connections.
Solarplaza Summit Romania
27 April 2023 - Bucharest, JW Marriott Bucharest Grand Hotel
Tickets: Local - €595/International - €1095
Press contact: nicole@solarplaza.com
More info: https://www.solarplaza.com/event/solarplaza-summit-romania/
Renewable Market Watch™ provides a 10% discount on the cost of all market reports for Romania (https://renewablemarketwatch.com/country-reports/europe/romania) to all visitors/attendees of SolarPlaza Summit Balkans who book tickets for the event with promo code: ROMANIA10
About Renewable Market Watch™
Renewable Market Watch™ is a media partner of the SOLARPLAZA SUMMIT ROMANIA 2023 and delivers strategic insight into emerging renewable energy markets through its experienced research team and cutting-edge predictive analytics data platform. Besides publishing the reports Romania Solar Photovoltaic (PV) Power Market Outlook 2023÷2032, we partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets in Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (the former Soviet Union), LATAM countries, and MENA countries. For more information about Renewable Market Watch™, please visit:
