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Image header Agence Europe
Europe Daily Bulletin No. 13122
Contents Publication in full By article 20 / 39
ECONOMY - FINANCE - BUSINESS / State aid

Green light for Romanian scheme of €259 million to support investments in batteries, photovoltaic cells and panels

The European Commission approved, on Wednesday 15 February, under EU State aid rules, a €259 million Romanian scheme, made available in part through the ‘Recovery and Resilience Facility’, to support investments in the production, assembly and recycling of batteries, photovoltaic cells and panels.

The measure aims to contribute to regional development by targeting sectors with growing demand, thus promoting the creation of new jobs requiring a skilled workforce as well as a more sustainable and competitive economy, and to foster Romania’s and the EU’s green transition.

Under the scheme (which runs until the end of 2024) the aid will take the form of direct grants to companies active in the production, assembly and recycling of batteries, photovoltaic cells and panels, which are located in Romania’s areas eligible for regional aid.

These areas are determined in the Romanian regional aid map for the period from the 1 January 2022 to 31 December 2027, which also specifies the maximum amount of State aid that can be granted per beneficiary in each of these areas. (Original version in French by Lionel Changeur)

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