The EBRD is investing up to €16.8 million in IE-Energy Projekt, a joint-stock company established specifically to develop a cutting-edge battery storage system and virtual power plant near Šibenik..
The EBRD is investing up to €16.8 million in IE-Energy Projekt, a joint-stock company established specifically to develop a cutting-edge battery storage system and virtual power plant near Šibenik..
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 joint‑stock company developing a greenfield battery energy storage system (BESS) and virtual power plant (VPP) in Šibenik, Croatia..
The Croatian government has allocated almost €20 million ($23.2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery storage system in. .
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 (EBRD), the bank announced. The EBRD is investing up to €16.8 million in IE-Energy Projekt, a joint-stock company established. .
gest energy storage project. IE Energy has secured EUR19.8 million ($20.9 million) to develop a 50 MW storage system,potentially power plants and batteries. Subsidies for energy storage facilities linked with new production capacities are increasingly becoming a st ndard in European countries..
In a significant stride towards energy modernisation, Croatia is setting aside EUR 500 million for the development of large-scale energy storage systems. The announcement was made by Damir Habijan, Croatia’s Minister of Economy and Sustainable Development, at the seventh international energy. .
Croatia is rapidly advancing its energy storage projects to support renewable integration and grid stability. This article explores the country’s initiatives, challenges, and opportunities in energy storage construction, backed by real-world examples and data. Discover how Croatia’s efforts align.