Financing wind in Montenegro,...

The landscape of renewable finance in Southeast Europe has undergone a profound transformation....

How Southeast Europe’s grid...

Wind development in Southeast Europe is accelerating at a pace unimaginable only a...

Serbia–Romania–Croatia: The new triangular...

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside...

The bankability gap in...

The transformation of Southeast Europe into a credible wind-investment region has been rapid,...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Electrica secures...

Romania: Electrica secures €3.4 million EU grant for 70MWh battery storage project

DNO and IPP Electrica has secured €3.4 million (US$3.8 million) in EU grants for a battery energy storage system (BESS) project in Romania, boasting a capacity of approximately 70MWh. This funding comes from Romania’s share of the EU’s National Recovery and Resilience Plan (PNRR), which received a €103 million budget approval from the EU last March. The project, set to be built in Fantanele, Mures County, will include the BESS and related grid infrastructure.

The system will have an energy storage capacity of 69.93MWh and connect to Romania’s National Energy System (SEN). The total project value is estimated at €21.8 million, with the PNRR funding covering 20% of that amount, translating to a capital expenditure of US$346,714 per MWh. While Electrica has not disclosed the BESS technology provider or the project’s expected online date, CEO Alexandru Chirita highlighted its advantages, such as flexibility and network stability, crucial for integrating renewable energy sources. Currently, the largest operational project in Romania is a 24MWh BESS by IPP Monsson, while a 204MW system from Electric Spot is planned for commissioning in 2028.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe

The landscape of renewable finance in Southeast Europe has undergone a profound transformation. A decade ago, lenders viewed the region with a degree of caution, shaped by fluctuating regulatory frameworks, limited track records, and the perceived fragility of local...

How Southeast Europe’s grid bottlenecks will reshape project valuation, offtake strategy and EPC designs by 2030

Wind development in Southeast Europe is accelerating at a pace unimaginable only a decade ago, yet the region’s grid infrastructure is straining under the weight of its own renewable ambition. Serbia is preparing for multi-gigawatt expansion, Romania is restarting...

Serbia–Romania–Croatia: The new triangular wind corridor — is Southeast Europe becoming Europe’s next Iberia?

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside Europe: strong resource, open land, grid-ready corridors, competitive auctions, and the steady inflow of international capital. Investors seeking scale, yield, and policy clarity migrated naturally towards...
Supported byVirtu Energy
error: Content is protected !!