Romanian tender round was approved by the Ministry of Energy and published in the Official Gazette.

The CfD Initiation Order establishing the general framework and the procedure for the first tender round was approved by the Ministry of Energy and published in the Official Gazette.

The timetable of the first tender round, one of the most important pieces of information, is not included in the Order and is expected to be published shortly on the Ministry’s website.

However, as per official information published by the Ministry tenders will be submitted in November and will be evaluated by mid - December.

First tender round capacity: 1,500 MW - 500 MW for solar capacities and 1,000 MW for wind capacities, respectively.

Strike Price: (i) solar-EUR 78/MWh; (ii) onshore wind-EUR 82/MWh.

Participation warranty: EUR 20,000/MW generated by the project.

Performance warranty: EUR 75,000/MW for the installed capacity of the project.