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Energy investments from the European Union subject to approval by the CEISD Loredana Vlasceanu – Partner at Vlasceanu & Partners Vlad Velcea – Junior Associate at Vlasceanu & Partners Challenges At the beginning of June, the requirement to obtain the prior approval of the Foreign Direct Investment Review Commission (FDI Commission) for the investments in…

Legal amendments facilitating the development of large RES projects in Romania Daniel Vlasceanu – Partner at Vlasceanu & Partners Sorina Viziru – Junior Associate at Vlasceanu & Partners An important amendment relevant for all RES stakeholders just entered into force on 10 June 2023.  Law no. 166/2023 was passed for the amendment of Law no.…

Guarantees of Origin – is transfer outside Romania currently possible? Daniel Vlasceanu – Partner at Vlasceanu & Partners I. PRELIMINARY CONSIDERATION At present, the guarantees of origin (“GOs”) are the only available mechanism for consumers in choosing (i.e. supporting) renewable sources of energy production; GOs have been designed at EU level to support the financial…

New restrictions on the electricity market and their effect on the RES producers Loredana Vlasceanu – Partner at Vlasceanu & Partners RO EN RO Noi prevederi legale 2022 a fost un an încărcat pentru legiuitorul român: au fost adoptate multe acte normative noi care au simplificat (mai degrabă limitat) piața emergentă a producătorilor de energie…

New MADR Norms – the Good, the Bad and the Ugly for renewables Mihaela Nyerges, Partner at Vlăsceanu, Nyerges & Partners Ever since the Land Fund Law was amended to allow the development of renewables on extra murros land, the entire industry has been waiting for the Ministry of Agriculture and Rural Development (“MADR”) to issue the…

Developing Renewables in Romania: PUZ or Pass? Mihaela Nyerges, Partner at Vlăsceanu, Nyerges & Partners One of the most frequent questions asked these days by renewables investors and developers is whether PUZ is still required for developing small renewable power projects in Romania (below 50 ha). The relevance of this question is huge as the…

RES Projects and Municipalities land Daniel Vlasceanu – Partner at Vlasceanu & Partners Loredana Vlasceanu – Partner at Vlasceanu & Partners EN RO Can Municipalities exploit their land under a joint venture with a private investor? In the current “second wave of renewables”, there possibility of entering a joint venture (Romanian: asociere in participatiune) between…

Ratesti Photovoltaic Project and the Future of PV Industry in Romania Daniel Vlasceanu – Partner at Vlasceanu & Partners Q&A One year ago, Portland Trust, one of the most powerful real estate developers in Romania, announced its intention to create a portfolio of solar projects of over 500 MW and the first project of about…

What is the real impact of the recent changes to Land Law on development of E-RES project Mihaela Nyerges, Partner at Vlăsceanu, Nyerges & Partners One of the hottest topics these days in the Romanian energy industry is the newly law adopted by the Romanian Parliament for amending the Land Law no. 18/1991. After an…

Short Guide to the Renewable Energy Component of NRRP Loredana Vlasceanu, Partner at Vlăsceanu & Partners After a public consultation period, the Guide for the Energy Component of the National Recovery and Resilience Plan (the “Guide”) was eventually approved by the Ministry of Energy under Order no. 282/30.03.2022. The Guide has clarified most of the…