Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...

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The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately...
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HomeSEE Energy NewsRomania: Hidroelectrica launches...

Romania: Hidroelectrica launches first energy storage project at Crucea Nord wind farm

Romanian electricity producer Hidroelectrica has signed a contract with Prime Batteries Technology and Enevo Group to install a Li-ion battery storage system at the Crucea Nord wind farm. The €16 million project (excluding VAT) will deliver a 36 MW / 72 MWh storage facility aimed at improving wind farm efficiency, providing balancing services to Romania’s national grid, and reducing turbine wear.

The project timeline includes securing approvals within two months, manufacturing equipment over six months, and completing installation and commissioning within 12 months of signing. This marks Hidroelectrica’s first move into energy storage, with at least 80% of components sourced locally. CEO Karoly Borbely emphasized the project’s strategic importance for strengthening the company’s operations and Romania’s energy transition.

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