Starting this week, the Romanian companies may lodge with the Ministry of Economy, Trade and Business Environment (MECMA) investment projects on enewable energy generated from natural resources; the European Union and the state budget allocate 100 million euros, in all, for such projects.

According to the MECMA data supplied to Agerpres, the small firms can benefit from cofinancing worth 70% of the project's value, at the most, while the big companies may get 50 % of it, at the highest.

The interested units have four months at their disposal to lodge the applications for co-financing. Romania has been allotted 264 million euros for capitalizing the renewable energy sources, over 2007-2013, both from EU funds and the state budget. At the first series of applications, 14 such projects were approved, totaling 80 million euros.

Source: Agerpres.