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Photovoltaic parks and other new renewable energy capacity — Modernisation Fund (PC1, production call)

A competitive call from the Ministry of Energy (Modernisation Fund, Key Programme 1) for new wind, solar and hydro capacity intended for sale to the grid. Budget of 400 million euro. Submission closed on 23 July 2024.

Who can apply
Companies and state-owned enterprises (regii autonome)
Total budget
400,000,000 euro (wind 100 million, solar under 5 MW 120 million, solar over 5 MW 80 million, hydro 100 million)
Funding amount
Non-refundable state aid of up to 20 million euro per beneficiary
Submission period
25 April 2024, 09:00 – 23 July 2024, 17:00

Checked against official sources on · funder: Ministry of Energy · official source

Call window closed 89-day window

This call window has closed. Most programmes reopen — we will notify you in good time and prepare your application before it does.

Rows of photovoltaic panels drawn in perspective beneath a stylised sun

Who can apply

Companies and autonomous public enterprises. The Ministry of Energy's announcement of January 2024 specifies enterprises of any size, including newly established ones, engaged in the production and sale of electricity (CAEN division 35).

What it covers

  • Purchase of new installations and equipment for electricity generation capacity from solar, wind or hydro sources
  • Construction works that form part of the renewable energy production project

We will notify you of the next round

  1. We analyse whether you qualify and under which programme exactly.
  2. We build the application: business plan, budget, supporting documents.
  3. We submit during the call window and follow the evaluation.
  4. We stay with you through the reimbursement file and final payment.

Frequently asked questions

Can you still apply today for funding for photovoltaic parks under the Modernisation Fund?

No. The production call under Key Programme 1 of the Modernisation Fund accepted projects on MySMIS2021 between 25 April 2024, 09:00, and 23 July 2024, 17:00. The Ministry of Energy has not so far announced a new call window for this call.

What budget did the call for new renewable energy capacity have?

The production call had 400 million euro: 100 million euro for wind, 120 million euro for solar under 5 MW, 80 million euro for solar over 5 MW and 100 million euro for hydro. Together with the self-consumption call (415 million euro), the total budget was 815 million euro.

What is the maximum aid a beneficiary can receive?

According to the Ministry of Energy, non-refundable state aid is up to 20 million euro per beneficiary. Projects were selected through competitive bidding, based on the price requested in euro/MW.

Who could apply?

Companies and autonomous public enterprises could apply. The Ministry of Energy's announcement of January 2024 specifies enterprises of any size, including newly established ones, engaged in the production and sale of electricity (CAEN division 35).

By when must the funded projects be completed?

Under Order of the Minister of Energy no. 619/2026, published in Official Gazette no. 565 of 9 July 2026, commissioning must take place after the funding contract is signed, but no later than 31 December 2028.

Which costs were eligible?

Eligible costs were the purchase of new installations and equipment for electricity generation capacity from solar, wind or hydro sources, and the construction works that form part of the project.

How long does it take to prepare the application?

It depends on the complexity of the project and the documents you already have. The first step is the eligibility analysis, which tells you what needs to be prepared.

What happens if I do not qualify?

We tell you before any contract is signed, and if another suitable programme exists, we point you to it.

Next step

We will notify you of the next round — Photovoltaic parks and other new renewable energy capacity — Modernisation Fund (PC1, production call)

Fill in the form and we will tell you whether you qualify. If you do not qualify under this programme, we will tell you which other one you could apply for — or that there is none, if that is the case.

or call us directly on 0755 167 167