The Minister of Economy announced that the state establishes the last details for the Electric Up program, one through which companies can receive up to 100,000 euros, non-reimbursable funds.
Governments are pressured to come up with smart solutions to ensure that pollution is reduced and the environment is protected. In most of the world, energy alternatives are being sought, and solar panels have proven their usefulness in many situations.
This is how the idea of coming up with Electric Up was born, a government program through which approximately 1,000 Romanian companies will be able to obtain non-reimbursable funds of up to 100,000 euros each. All I have to do is commit to installing solar panels and power stations for electric cars.
How the Electric Up program works
The Minister of Economy, Virgil Popescu, announced that the program will be set up this month.
“You will have in two weeks the Electric Up program, through which you can obtain a grant of a maximum of 100,000 euros, to install 100 kW on your roof of your hall. Maybe they are not enough, but 100kW are the maximum that the Romanian legislation allows them without permission. We have 100 million euros to start, to see how this program works “, said the Minister of Economy.
The program is regulated and implemented based on Emergency Ordinance 159/2020. The normative act was published in the Official Gazette on September 8. Firms wishing to receive the grant must ensure that they check all the requirements:
- installation of photovoltaic panel systems for the production of electricity with an installed power between 27 kWp – 100 kWp required for own consumption and delivery of the surplus in the National Energy System
- installation of 22 KW recharging stations for plug-in hybrid electric and electric vehicles.
If the program proves useful and achieves its goal, then the state could take more money out of pocket for such initiatives. However, it all depends on the economic context and the interest shown by the authorities for such smart solutions.