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Up to 15 mln. euro for Romanian companies investing in storage

    30 July 2026
    Electricity
    Bogdan Tudorache

    Romanian companies will be able to obtain financing of up to 15 million euros for investments in battery storage capacities, through a state aid scheme financed from European funds through the Modernization Fund.

    The state aid scheme regarding the support of investments in the development of autonomous (stand-alone) battery storage facilities for electricity, with financing from the Modernization Fund, was approved by Order of the Ministry of Energy 745/2026, published on Monday in the Official Gazette.

    The total estimated budget of the scheme is the equivalent in lei of the amount of 150,000,000 euros and represents non-refundable amounts from the Modernization Fund.

    The maximum aid that can be granted cannot exceed 15,000,000 euros per company. The aid is granted in the form of non-reimbursable financing by reimbursing eligible expenses incurred, within the maximum intensity of state aid established by this scheme.

    The scheme is based on a competitive bidding procedure. The maximum intensity of state aid cannot exceed 100% of the total eligible costs of the projects benefiting from support.

    The maximum amount of state aid granted cannot exceed the amount of 69,000 euro/MWh of installed storage.

     

    Article distributed with the support of Schneider Electric

    About Schneider Electric

    Schneider Electric creates impact by maximising the value of energy and resources, connecting progress with sustainability. We are a global leader in electrification, automation and digitalization, providing AI-driven IoT solutions for smart industries, infrastructure, data centres and buildings.

    With 150,000 employees in over 100 countries we promote diversity and innovation. Schneider Electric România, with 27 years in business and more than 300 employees, runs operations in Armenia and Moldova and provides support in 17 languages for 26 countries through the Bucharest Hub.

    Autor: Bogdan Tudorache

    Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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