In view of aiding the deployment of renewable energy projects in Romania, on 23 June 2022, the Parliament approved several highly anticipated amendments to Land Law no. 18/1991 (ʺLand Lawʺ). Although favorable, the measures taken by the Parliament are far from streamlining the process of developing and building renewable energy projects in Romania – some …
Changes concerning establishment and operation of industrial parks
Law No. 168/2022 amending and supplementing Law No. 186/2013 on the establishment and operation of industrial parks was published in the Official Gazette, on 2 June 2022, concluding a long-awaited legislative process initiated back in 2013. Following numerous interventions from the relevant public authorities, the amendments to the previous legal framework have been finalized, as …
REPowerEU Package adopted by the European Commission
On 18 May 2022, the European Commission made public the REPowerEU Package, a cross-disciplinary effort meant to ensure the EU’s independence from Russian fossil fuels. However, the measures put forward by the European Commission also offer an in-depth look into the Union’s ambitions to accelerate the energy transition in the following decade(s). We extracted below …
Emergency Ordinance regulating foreign direct investments in Romania approved by the Government
On 14 April 2022 the Romanian Government has approved the long-awaited Emergency Ordinance establishing the measures for the application of Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union (“FDI Ordinance“). The initial draft of the …
Ministry of Energy launches a call for projects on “new production capacities for renewable energy”
On March 30, 2022 the Ministry of Energy announced that is launching a call for projects regarding production capacities from renewable sources (solar and wind), with a total budget of EUR 457,700,000 which will be financed through the Recovery and resilience plan for Romania (“PNRR“). Applications can be submitted during 31 March – 31 May …