Rios Renovables was developing a photovoltaic park with an installed capacity of about 10 megawatts in Timis county, western Romania, and planned to develop locally wind farms with a total installed capacity of 140 MW.
Romania’s government decided in June to temporarily reduce state support for renewable energy producers starting July 1. The measure will be valid until March 2017 for hydropower units and photovoltaic power stations, and until 2018 for wind farms.
Under the new regulations, wind power producers receive one green certificate for each megawatt of energy they produce, instead of two certificates currently. Hydropower producers with installed capacity not exceeding 10 MW receive one certificate instead of three, while solar power producers get four green certificates instead of six.
Romania has wind farm projects with a total installed capacity of over 2,100 MW.