Romania is entering a new era of wind-energy expansion, creating timely opportunities for Indian renewable businesses looking to grow in Europe. With supportive policies, major international investment, and a strong project pipeline, the country is positioning itself as a regional leader in onshore wind.
Policy Backing Driving Momentum
Romania’s recent introduction of a Contracts for Difference (CfD) scheme has been a game-changer. The program provides long-term price certainty for wind developers and is supported by billions of euros from the EU Modernisation Fund. Its first auction in late 2024 drew strong interest, with projects like the 400 MW Pestera II securing stable pricing under the new mechanism.
This policy clarity is encouraging foreign participation, especially from investors and developers who value predictable returns.
A Market Heating Up
Global industry leaders have already signaled confidence in Romania’s wind sector:
- GE Vernova and Vestas are supplying turbines for multiple large projects.
- Engie Romania has been expanding its portfolio through strategic acquisitions.
- New large-scale developments—such as the 246 MW Ialomița Nord project and a proposed 1,200 MW portfolio in Botoșani—highlight the market’s growth trajectory.
With strong regulatory support and steady approval of new installations, Romania’s pipeline is expanding rapidly.
Why India Fits Into the Picture
Indian renewable companies are well positioned to benefit from this market upswing:
- Cost-effective manufacturing allows Indian turbine and component makers to compete strongly on value.
- Developers with large-scale project experience can partner with Romanian firms to bid for future CfD rounds.
- O&M service providers can tap into a growing installed base that will require long-term maintenance and eventual repowering.
- Companies with strong ESG credentials can leverage European financing tools to co-fund projects.
In short, Romania offers an accessible gateway for Indian firms to strengthen their presence in the European clean-energy landscape.
Smart Entry Strategies
To capitalize on the opportunity, Indian businesses should consider:
- Partnering with local developers for smoother permitting and land access.
- Targeting CfD-supported projects to secure stable revenues.
- Setting up regional service hubs to serve multiple wind farms.
- Exploring blended finance through EU and international climate funds.
A Strategic Moment for Collaboration
Romania’s wind boom is opening a rare window for global partnerships. For Indian renewable companies, this is not just a chance to enter a growing European market—it’s an opportunity to help shape the region’s clean-energy transition.
