Financing Guide for installing Renewable Energy Solutions – available

October 31, 2008 at 8:23 pm | Posted in General, Legislative Outreach | Leave a comment
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There are two modalities of financing:

1. Direct financing (apply for funds directly to the Environment Fund Administration)

  • it is open for: companies, territorial units (local public authorities), and educational institutions
  • level of financing: companies – 40% for the companies in Bucharest-Ilfov region, 50% for the rest; projects should not have a larger value than 250.000 RON; territorial units, educational institutions – 60% level of financing, projects should not have a larger value than 300.000 RON
  • total budget available for direct financing – 120 Million RON
  • First financing session for 2009 – 1-28 November 2008

2. Indirect financing ( applied through authorized installers)

  • available for individuals
  • level of financing – 90%; projects should not have a larger value than 25.000 RON
  • the request for financing by the individual should be handed out to one authorized installer; the installer should validate the request and only based on this validation the beneficiary (physical person) will have access to financing

Becoming an authorized installer:

  • the session for submitting all the required documents to the Environment Fund Administration – 1-28 November 2008
  • key eligibility criteria – art. 19 from the guide; requiring status of having  CAEN Code 432 and the necessity of offering 3 years of guarantee for the products delivered and installed
  • all the requests of authorization are evaluated by an “Evaluation Committee” from the Environment Fund Administration
  • the amount of financing allocated for each installer will be decided by the “Evaluation Committee” based on the amount requested by each installer and the total budget allocated (400 Million RON for 2009)

The guide for financing is available here.

If you have any questions, please contact me directly at


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