Five companies submitted applications for Romanian state grants aimed to help them develop solar panel production capacities. Under the state aid scheme announced and managed by the Ministry of Energy under the Recovery and Resilience Facility, grants of up to 15 million euros per project or company can be extended.
Among the applicants is the German AE Solar, who promised investment of 1 billion euros in a solar panel production factory in the country. Another investor is Attila Keresztes, CEO of the Hungarian company Astrasun, which provides design, construction, operation and maintenance services for solar power plants. He is the owner of Sunflower Hundred, a company established in January, which is planning to invest 320 million euros in three solar panel factories in Romania.