A study by the Association of Transmission and System Operators of Europe (ENTO-E), based on prices in energy markets on the continent, shows that the profitability of an energy storage system in Romania is among the highest in Europe. First, how ENTSO-E calculates this indicator: “The ability to store electricity and release it later is […]
The contract for the design and construction of the new photovoltaic park with integrated energy storage system for Iași Airport, one of the fastest growing airports in Romania, has been signed. The design and construction works will be carried out by the Building Construction team of STRABAG Romania, which was selected as the winner of […]
Lately, more and more voices in the market are talking about the benefits of storing electricity, primarily in batteries, which, by the way, have also become very cheap. The main idea starts from the fact that during the day, when “the Sun is high in the sky”, considering the large capacity installed in Romania in […]
The Ministry of Energy is about to launch a new support scheme, with funding from the Modernization Fund, to finance the installation of electricity storage batteries, according to sources who know the situation. The target is to install at least 2,100 MWh. What the future scheme consists of, according to our information: Non-repayable funding is […]
Chinese company Sinexcel, specializing in energy storage and charging solutions for electric vehicles, announced that it supports the implementation of a 7.5 MW / 15.04 MWh battery energy storage (BESS) project in the city of Curtea de Argeș, in Argeș County, southern Romania, according to SEE News. The project is being developed by Romanian company […]
After Romgaz, OMV Petrom and Black Sea Oil and Gas, the other two major hydrocarbon producers in Romania, have also challenged in court the European Commission’s decision that obliges them to provide carbon dioxide storage capacity. “Carbon capture and storage (CCS) plays a key role in decarbonization; however, the pace and quotas imposed by the […]
The Bulgarian Ministry of Energy has launched a public consultation on a new round of its subsidy program for battery energy storage projects, aimed at facilitating the integration of renewable energy sources. The plan aims to support the implementation of a new battery storage capacity of 1.9 GWh, with funding of approximately EUR 118 million. […]
In an accelerated wave of investments, companies in Romania are combining battery energy storage systems (BESS) with solar, hydro or wind energy, or building independent storage facilities. The list includes big names such as Verbund, Engie R.Power, Hidroelectrica. The specialized publication Balkan Green Energy News has summarized the latest battery energy storage projects. Announced in […]
Visual Fan announces the signing of a reference contract for the national energy market, together with Eurowind Energy, through the affiliated company Teiuș Solar S.R.L., which involves the provision of a fully integrated battery energy storage system (BESS), with a storage capacity of at least 116.9600 MWh – one of the largest projects of this […]
Hidroelectrica, the largest electricity producer in Romania, has launched a contract in the electronic public procurement system for the acquisition of a storage facility with accumulator batteries at CHE Portile de Fier II, according to data on the platform. “The object of the work is the implementation of state-of-the-art technical solutions in the field of […]
Visual Fan, through its Renewable EPC by Allview division, has signed a contract for the implementation of an electricity storage system. This major contract, signed with Renovatio Trading S.R.L., provides for a 65 MWh storage project developed in Toplița, Harghita County. The contract has an estimated value of approximately 9.2 million euros and will be […]
A 124 MW/496.2 MWh battery energy storage system (BESS), the largest in the European Union, has been inaugurated in the city of Lovech, located in the central-northern part of the country, the local administration announced, quoted by the press. The project represents an investment of 147 million leva (75.2 million euros) by the Sofia-based renewable […]
PPC Group is starting the construction of two new battery energy storage (BESS) projects in the Western Macedonia region of northern Greece, with a nominal capacity of 98 MW/196 MWh, the company said in a press release. “Melitis 1” will have a total installed capacity of 48 MW/96 MWh and will be built near the […]
The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s renewable-energy sector by providing a US$ 30 million equity bridge to Obelisk Solar Power, a special purpose vehicle owned by Scatec ASA, a leading global renewable energy developer and a key strategic client for the EBRD. The funds will contribute to the equity commitments […]
