RTB Solar PV Valuation Trends in Romania

Romania's solar PV market has shown significant dynamism in the first half of 2024, with Ready-to-Build (RTB) project valuations reflecting both opportunities and challenges in the sector. Based on proprietary data from PF Nexus, the leading renewable energy asset marketplace, we present exclusive insights into Romanian solar PV asset valuations for H1 2024.

In the first half of 2024, RTB solar PV projects in Romania were valued as follows:

• Buy-side valuations ranged from €45,000 to €98,800 per MWp, with an average of €73,400 per MWp.
• Sell-side valuations spanned from €95,000 to €150,000 per MWp, averaging €126,300 per MWp.

This data reveals a significant gap between buyer and seller expectations, with sell-side valuations averaging 72% higher than buy-side valuations.

Romania's solar PV market operates within the broader CEFTA & Eastern European region. Compared to its regional peers:

• Romania's average buy-side valuation (€73,400/MWp) is lower than Poland (€121,700/MWp) and Hungary (€142,500/MWp), but higher than Bulgaria (€82,500/MWp).
• The sell-side average (€126,300/MWp) positions Romania in the middle of the regional spectrum, below Poland (€174,800/MWp) and Hungary (€167,500/MWp), but above Bulgaria (€88,300/MWp).

For a comprehensive analysis of the entire CEFTA & Eastern European region, including countries like Bosnia & Herzegovina, please refer to our regional overview: RTB Solar PV Valuations in CEFTA & Eastern Europe in 2024

Ready-to-Build (RTB) refers to a crucial stage in solar PV project development where all necessary permits, grid connection agreements, and land rights have been secured. This stage precedes construction and represents a critical point for investors and developers in the project lifecycle.

The wide valuation gap in Romania's solar PV market suggests a dynamic negotiation environment. Sellers appear optimistic about project values, possibly reflecting confidence in Romania's renewable energy policies and market potential. Buyers, however, seem more cautious, potentially factoring in risks associated with project execution and market uncertainties.

Romania's position within the CEFTA & Eastern European region highlights its competitive potential in attracting solar PV investments. While not commanding the highest valuations, Romania offers a balance of opportunity and risk that may appeal to diverse investor profiles.

For a global perspective on renewable energy asset valuations, including how Romania and Eastern Europe compare to other regions, see our comprehensive article: Global Renewable Energy Asset Valuations 2024 Analysis and Trends

PF Nexus is the premier marketplace for renewable energy assets, connecting buyers and sellers of utility-scale projects worldwide. Our valuation insights are derived from real-time transaction data and network intelligence, aggregated from over 7,000 developers, investors, and advisors active on our platform.

The data presented in this article was initially shared with our premium subscribers in June 2024. Given the volatility in renewable energy markets, current valuations may have shifted. For access to live deal flow and the latest semi-annual valuation reports, consider subscribing to our premium tiers.

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For the most current insights and to connect with active buyers and sellers in the Romanian solar PV market, explore our articles on RTB Solar PV Valuations in Benelux & Nordics in 2024 and Global Renewable Energy Asset Valuations 2024 Analysis and Trends or email us at scott@pfnexus.com to learn more about our subscription options.