Battery storage project pipeline in Romania in rapid
Companies are combining batteries with solar and wind power as well as hydropower capacity. Investing in BESS colocated with
(EUR 1.0 = USD 1.089) The Romanian Energy Ministry has signed contracts to distribute close to EUR 70 million (USD 76.3m) in grant funding that will support the construction of a 1.5-GW solar panel manufacturing plant and five large-scale battery storage system (BESS) projects.
In an accelerating investment wave, companies in Romania are combining BESS with solar power, hydropower and wind power, or building standalone energy storage facilities. The group includes R.Power, Hidroelectrica, Engie and more big names.
The BESS market in Romania is heating up, say local analysts and insiders. Irene Mihai, policy officer at the Romanian Photovoltaic Industry Association (RPIA) recently told pv magazine that a realistic target for the utility-scale BESS segment in Romania “would be around 2 GWh (around 1 GW of installed capacity)” for 2030.
The company will receive a grant of EUR 32.9 million for its plan to build a solar panel factory in Barlad, in Vaslui County in eastern Romania close to the border with Moldova. The remaining funding will be distributed among five projects that will collectively add almost 800 MWh of battery energy storage capacity in the Balkan country.
PDF includes complete article with source references for printing and offline reading.
Download detailed specifications for our commercial energy storage cabinets, PCS, BMS and EMS systems.
Energy Park Precinct, Unit 15
Johannesburg 2001, South Africa
+27 10 446 7800
Monday - Friday: 7:30 AM - 5:30 PM SAST