Supported byClarion Energy
HomeElectricityRomania allocates €120...

Romania allocates €120 million in state aid to boost battery energy storage production and recycling

The Romanian Ministry of Energy has announced a total of €120 million in state aid for six companies to support the production, assembly and recycling of battery energy storage systems (BESS). The funding aims to boost Romania’s energy storage capabilities and align with the country’s National Recovery and Resilience Plan (NRRP).

Four contracts, totaling approximately €97 million, were awarded for establishing BESS production units with a combined annual capacity of 3.33 GW. These projects include Crisana Pro Construct, which received €29 million to build a facility for producing industrial batteries with an annual capacity of 0.547 GW. Ecorec Recycling was awarded €9.3 million for a plant with a capacity of 0.3362 GW, while Grima COM secured €34 million for a 0.4482 GW unit. Sinteza, another local company, obtained €24.8 million to develop a facility for producing, testing, and recycling industrial battery electrolytes, with an annual capacity of 2 GW.

The total value of the four BESS production projects is nearly €200 million, with 49.2% covered by state aid under the NRRP.

In addition, two contracts worth €23 million were awarded for developing BESS projects with a total installed capacity of 361.96 MWh. Rpower BESS-Two received €14.9 million to build a 245 MWh electricity generation and storage facility, while Teius Solar was granted €7.6 million to construct a 116.96 MWh BESS facility.

These new projects complement nine previously awarded initiatives, worth €603.3 million, which include €78.4 million in NRRP co-financing. These earlier projects aim to deliver 1,546 MWh of operational storage capacity and achieve a minimum installed capacity of 240 MW/480 MWh by the end of 2025.

These six financing agreements mark significant progress in Romania’s efforts to develop a domestic industrial chain for battery production, assembly, and recycling, while expanding the country’s energy storage capacity, contributing to its broader NRRP goals.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania’s day-ahead power prices surge 81% year on year in September

Romania’s average day-ahead electricity price reached €176.14/MWh in September, marking an 81.49% increase from a year earlier and a 16.53% rise compared with August, when the average stood at €151.16/MWh. Trading volume on the day-ahead market reached approximately 1.212 TWh,...

Nuclearelectrica targets €800 million EIB loans for Cernavoda unit 1 overhaul

Nuclearelectrica plans to pursue €800 million in European Investment Bank financing for the refurbishment of Cernavoda unit 1, with the work intended to extend the reactor’s operating life to 2060. The company will seek shareholder approval for the EIB-backed...

Romania–Moldova interconnector expansion supported by US funding and new line

Moldova is advancing the Straseni–Gutinas electricity interconnector with Romania to expand access to alternative supplies and reduce exposure to disruptions in regional power infrastructure. The project is supported by the US government with approximately $130 million. The US embassy...
Supported byVirtu Energy