Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

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During the week of June 23, solar photovoltaic (PV) energy production rose in...
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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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