Croatia launches major battery storage project DevelopmentAid
Croatia is moving forward with its largest grid-scale battery energy storage project thanks to a new investment from the European Bank for Reconstruction and Development
Croatia is moving forward with its largest grid-scale battery energy storage project thanks to a new investment from the European Bank for Reconstruction and Development
The Croatian battery news came in the wake of plans for a standalone utility-scale battery storage system in Serbia. The office of the Mayor of Leskovac revealed plans for a 125
The European Bank for Reconstruction and Development (EBRD) has announced a direct equity investment of up to €16.8 million in IE-Energy Projekt, a newly established joint
Croatia''s first battery energy storage facility connected to the national transmission grid is taking shape near Šibenik, marking a significant step in modernising the country''s
Croatia''s first battery energy storage facility connected to the national transmission grid is taking shape near Šibenik, marking a
The European Bank for Reconstruction and Development (EBRD) is taking a significant step towards enhancing Croatia''s energy landscape with a €16.8 million investment
The development will support the installation of up to 60 megawatts of grid-connected battery storage capacity and the
The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16.8 million in IE‑Energy Projekt, a newly established
The development will support the installation of up to 60 megawatts of grid-connected battery storage capacity and the deployment of a VPP platform, allowing real-time
In 2022, a contract was signed to deliver battery electric multiple unit (BEMU) prototype and battery multiple unit prototype (BMU) with 6 energy storage devices.
The project involves the construction of a sophisticated 60 MW battery energy storage system (BESS) combined with a virtual power plant (VPP) in Šibenik.
The EBRD has invested more than €5bn in 273 projects in Croatia to date, focusing on supporting reforms, leveraging EU membership benefits, and modernising public-sector enterprises.
The Croatian battery news came in the wake of plans for a standalone utility-scale battery storage system in Serbia. The office of the Mayor of Leskovac revealed plans for a 125
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The EBRD said the project will contribute to Croatia’s goals of decarbonisation and energy independence by reducing reliance on fossil fuels and improving energy system stability amid rising renewable generation.
The EBRD has invested more than €5bn in 273 projects in Croatia to date, focusing on supporting reforms, leveraging EU membership benefits, and modernising public-sector enterprises.
The facility will enable real-time balancing of electricity supply and demand through the deployment of a digital VPP platform, enhancing Croatia’s grid flexibility as it expands its solar and wind power capacity. “This investment marks a milestone in Croatia’s green transition,” said Miljan Ždrale, EBRD director for Central Europe.
Croatian pension funds managed by Raiffeisen will match the EBRD’s contribution with an equivalent €16.8mn investment, while an additional €16.5mn grant will come from the EU Modernisation Fund, the bank said.