100,000 euros for companies that take care of the environment: what is the Electric Up program

FT: The UK will approve subsequent week the anti-COVID-19 vaccine developed by Pfizer and BioNTech. Deliveries will start in a couple of hours

The primary immunizations with the vaccine created by Pfizer and BioNTech will happen beginning December 7, the Monetary Occasions additionally wrote, citing sources.Additionally on...

Second spherical in Brazil: keys to municipal elections that put Jair Bolsonaro in examine

Mayors are elected in 57 cities, together with the giants São Paulo and Rio de Janeiro. The middle-right takes maintain and the president...

Tabaré Vázquez suffered a deep thrombosis and his well being is delicate

The previous Uruguayan president is combating lung most cancers. He's at residence, as he most well-liked not to enter the hospital.Former Uruguayan President...

They extract a coin from a person that he caught in his nostril 53 years in the past

Medical doctors in Russia have extracted a 59-year-old man a coin that the affected person had entered his nostril when he was a baby...

Ethiopian prime minister says capital Tigray has been taken

Mekelle, the capital of the rebellious northern Tigray area of Ethiopia, has been taken by the federal government military. Prime Minister of the...

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.

trending

Related Articles