Project code: SMIS 351959
Beneficiary: Rompetrol Rafinare S.A.
Funding programme: Modernization Fund - Key Program 1: RES and energy storage
National authority: Ministry of Energy
Beneficiary: Rompetrol Rafinare S.A.
Funding programme: Modernization Fund - Key Program 1: RES and energy storage
National authority: Ministry of Energy
Project value and sources of funding
The total value of the project is RON 26,911,378.52 including VAT, equivalent to RON 22,253,887.31 excluding VAT.
Of the total project value:
- RON 6,879,237.12 represents the maximum amount provided through the Modernisation Fund;
- RON 20,032,141.40 represents the beneficiary’s contribution.
The project is financed under Key Programme 1 - Renewable Energy Sources and Energy Storage, through the call for projects entitled “Supporting investments in new capacities for the production of electricity produced from renewable sources for self-consumption, related to the 2nd call based on a competitive bidding procedure”.
Project location
The project is located in Ploiești Municipality, Prahova County, within the Vega Refinery.
Investment components
The investment includes a ground-mounted photovoltaic power plant with an installed capacity of 4.8 MW, comprising 7,566 monocrystalline photovoltaic panels, as well as a Lithium-Ion (LFP) energy storage system with a total capacity of 8.944 MWh. The project also includes three-phase inverters, transformer stations, the electrical infrastructure required to integrate the facility into the Vega Refinery’s internal power system, and a SCADA system for monitoring and control.
Main project activities
- A1. Activities carried out prior to the signing of the Financing Agreement
- A2. Conducting procurement procedures and concluding contracts for the implementation of the investment
- A3. Carrying out the investment implementation activities
- A4. Carrying out project management activities
- A5. Carrying out financial audit activities
- A6. Carrying out project information and publicity activities
Implementation period: 2025–2028.
Completion and commissioning deadline: 31 December 2028.
Project indicators
| FMS04 | Newly installed capacity for energy production from renewable wind, solar or hydropower sources (MW) | Target: 4.800 MW |
| FMS06 | Average energy production from renewable sources (MWh/year) | Target: 6,271.120 MWh/year |
| FMS08 | Percentage of the total energy production from renewable sources estimated to be used for self-consumption (%) | Target: 100% |
| FMS09 | Power plant capacity factor (%) | Target: 14.910% |
| FMS05 | Reduction of greenhouse gases: estimated annual reduction in greenhouse gas emissions (tonnes of CO₂ equivalent/year) | Target: 3,837.300 tonnes of CO₂/year |
| FMS07 | Total energy production from renewable sources during the reference period (MWh) | Target: 112,103.240 MWh |
Contact details
Project information and publicity activities:
- Creation of the web page dedicated to the project on the company's website
- Project launch announcement published on the dedicated webpage
- Project launch announcement as press release and in a publication of national interest