Principia built its first battery system in just six months. The Themelio facility in Chalkidiki in northern Greece, with 49 MW in operating power, will help reduce curtailments from wind and solar power plants and contribute to grid stability. One of the first standalone battery energy storage systems (BESS) in Greece is coming online in […]
Vienna-based Renalfa IPP commissioned a 65 MW / 260 MWh battery energy storage system within its hybrid power plant project in Tenevo. Also in Bulgaria, the joint venture expanded its Kaolinovo solar power plant to 33 MW and added a BESS of 33 MW in operating power and 110 MWh in capacity. One of the […]
At the EU–Western Balkans Investment Forum in Tirana, Serbian company ElevenEs signed a joint declaration of support with representatives of the European Commission and the Development Agency of Serbia, marking a major step toward expanding battery cell manufacturing in the region. ElevenEs CEO Nemanja Mikać signed the document in the presence of European Commission President […]
An overreliance on photovoltaics, combined with slow growth in the deployment of new technologies and storage, threatens Greece’s renewable energy future. The country achieved rapid growth in renewable energy in the past five years, and penetration has surpassed 50% of the electricity mix. However, the very success of the energy policies also led to significant […]
CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency, and the Montenegrin Investment Agency in support of its two landmark renewable energy projects – the Tropoja wind farm in Albania and the Montechevo solar farm with battery storage in Montenegro. The declaration of support for CWP Europe’s projects […]
International Power Supply (IPS) opened its Factory X1, with a capacity of 3 GWh per year. It is the first gigafactory in Bulgaria for battery energy storage systems (BESS). Recognized by the European Commission as a strategic project for a net zero industry, Factory X1 officially began production. International Power Supply (IPS) held the inauguration […]
Karatzis Group of Companies and Metlen are establishing a joint venture for a standalone battery energy storage system (BESS) of 330 MW and 790 MWh. It is the biggest project in Greece so far and one of the biggest in Europe. Metlen said it is entering into a new strategic partnership in Greece with Karatzis […]
Romanian state-owned power utility Hidroelectrica will install storage on all its run-of-river hydropower plants, to be able to switch the supply of surplus electricity to the evening peak, according to interim CEO Bogdan Nicolae Badea. Hybrid power plants are all the rage. Two- and even three-way combinations between batteries and solar and wind power plants […]
The Cypriot Department of Environment has approved the project for what is set to become one of the country’s first battery energy storage systems. HESS Hybrid Energy Storage Systems is planning to install a 59 MW facility with a capacity of 120 MWh, which would ease the strain on the European Union’s only non-interconnected electricity […]
Volue took over smartPulse, accelerating the expansion into Central and Eastern Europe, Southern Europe and Turkey, with its power trading and battery optimization capabilities. Software maker Volue said it has completed a deal to acquire smartPulse, a full-suite short-term power trading and battery optimization platform for asset owners and aggregators across Europe. It significantly accelerates […]