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 conference hosted by Jadranski Naftovod (JANAF
Croatia will provide some €500 million (US$534 million) in subsidies for battery energy storage system (BESS) technology, a government minister has said. Minister of Economy and Sustainable Development Damir Habijan revealed the funding, part of a larger €1.6 billion for energy projects, at the JANAF conference in Zagreb earlier this month, according to state
IE-Energy will build the first battery system near Šibenik, with a capacity of 100 MWh and 50 MW of power. The first phase of the project, with a power of 10 MW and a capacity of 22 MWh, should be completed during the first quarter of 2023. The full capacity will be upgraded by 2024, and the total investment will amount to around 70 million euros.
The Government of Croatia has prepared EUR 60 million in subsidies for businesses to install renewable power plants and batteries. Subsidies for energy storage facilities linked with new production capacities are increasingly becoming a standard in European countries. The latest example comes from Croatia.
The Croatian government has prepared 500 million euros to install batteries for storing energy produced from renewable sources. Minister of Economy and Sustainable Development Damir Habijan stated that Croatia is ready for energy changes.
Central and Eastern Europe (CEE)-based developer and independent power producer (IPP) Woodburn Capital is deploying a co-located battery storage project in Croatia, with final regulations around connecting batteries to the grid expected imminently.
Croatia got the green light from Brussels to give a EUR 19.8 million grant to a domestic startup for a massive energy storage project. IE-Energy is planning to build a battery system of 50 MW, which means it would
This includes all of Neoen''s projects in the early stages of development: wind power projects, solar power projects, as well as battery energy storage system (BESS) projects. Neoen has been present in Croatia since mid-2020, while Statkraft started its operations in Croatia in 2021. Now, having received all necessary regulatory approvals, Statkraft will initiate its
The Croatian government has prepared 500 million euros to install batteries for storing energy produced from renewable sources. Minister of Economy and Sustainable
Croatia will provide some €500 million (US$534 million) in subsidies for battery energy storage system (BESS) technology, a government minister has said. Minister of Economy and Sustainable Development Damir Habijan revealed the funding, part of a larger €1.6 billion for energy projects, at the JANAF conference in Zagreb earlier this month
Battery energy storage systems (BESS) and renewable energy sources are complementary technologies from the power system viewpoint, where renewable energy sources behave as flexibility sinks and create business opportunities for BESS as flexibility sources. Various stakeholders can use BESS to balance, stabilize and flatten demand/generation
The Government of Croatia is preparing EUR 500 million for the installation of batteries for storing renewable energy. Minister of Economy and Sustainable Development Damir Habijan said Croatia is ready for changes in the energy sector.
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects. The aid will be a direct grant to IE-Energy and will cover approximately 30% of capital expenditures for a series of grid-scale battery energy storage
energies Article Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia Ivan Pavic´ 1,*, Zora Luburic´ 1, Hrvoje Pandžic´ 1, Tomislav Capuder 1 and
Central and Eastern Europe (CEE)-based developer and independent power producer (IPP) Woodburn Capital is deploying a co-located battery storage project in Croatia, with final regulations around connecting
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of
In a significant stride towards energy modernisation, Croatia is setting aside EUR 500 million for the development of large-scale energy storage systems. The
Norwegian energy company Statkraft has announced plans to divest its renewable energy and battery storage projects in Croatia, along with assets in the Netherlands and India.This strategic move aims to redirect efforts toward markets with higher growth potential. In May, Statkraft completed the acquisition of various wind, solar, and battery storage projects
The Government of Croatia is preparing EUR 500 million for the installation of batteries for storing renewable energy. Minister of Economy and Sustainable Development Damir Habijan said Croatia is ready for changes in
December 18 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said it has approved a direct equity investment of up to 16.8 million euro ($17.6 million) in favour of IE-Energy Projekt, a joint stock company to be set up in Croatia for the greenfield development of an up to 60 MW battery energy storage system (BESS) and Virtual Power Plant (VPP) in Sibenik.
Eni New Energy US has bought a large-scale battery storage project in development in Texas from developer Baywa r.e., along with a utility-scale solar PV plant nearby. The 200MW/400MWh battery energy storage system (BESS) project is at a late stage of development and scheduled to go into operation before the end of next year.
The Energia Naturalis (ENNA) investment group from Croatia is starting preparations for an initial public offering (IPO) and plans to invest over €1 billion into green projects in Croatia. The company is developing large renewable energy projects, primarily solar and geothermal. ENNA started last year a new period of strategic development which will be
Opportunities for employment for project managers in janom Investments. With investments in the Western Balkans, janom is also looking to expand its local team. It is currently hiring project managers who can help
The Ministry announced the Call this week (17 April) which will provide €100,000 – €2 million per project with a maximum of €4 million per beneficiary. The goal of the Call is to facilitate the deployment of 20MWh of
Croatia got the green light from Brussels to give a EUR 19.8 million grant to a domestic startup for a massive energy storage project. IE-Energy is planning to build a battery system of 50 MW, which means it would be the biggest in Southeastern Europe.
The Government of Croatia has prepared EUR 60 million in subsidies for businesses to install renewable power plants and batteries. Subsidies for energy storage
These are all projects in early development stages," he stressed. Neoen, he added, was actively involved in developing wind projects and battery energy storage systems, showcasing a diversified approach to
The Ministry announced the Call this week (17 April) which will provide €100,000 – €2 million per project with a maximum of €4 million per beneficiary. The goal of the Call is to facilitate the deployment of 20MWh of energy storage and 80MW of renewable energy projects.
IE-Energy will build the first battery system near Šibenik, with a capacity of 100 MWh and 50 MW of power. The first phase of the project, with a power of 10 MW and a capacity of 22 MWh, should be completed during the
Croatia will provide some €500 million (US$534 million) in subsidies for battery energy storage system (BESS) technology, a government minister has said. Minister of Economy and Sustainable Development Damir
The Government of Croatia has prepared EUR 60 million in subsidies for businesses to install renewable power plants and batteries. Subsidies for energy storage facilities linked with new production capacities are increasingly becoming a standard in European countries. The latest example comes from Croatia.
Croatia got the green light from Brussels for a EUR 19.8 million grant to IE-Energy for a massive energy storage project.
In addition, it will accelerate the decarbonization of the Croatian energy sector, according to the announcement. IE-Energy is based in Rijeka, Croatia’s fourth-largest city. It joined the intraday and day-ahead markets at the Croatian Power Exchange (CROPEX) last year. Documents reveal the project is scheduled to start on December 1.
IE-Energy is planning to build a battery system of 50 MW, which means it would be the biggest in Southeastern Europe. The European Commission has approved, under the European Union’s aid rules, a EUR 19.8 million Croatian aid measure in favor of energy storage operator IE-Energy.
Of note, a 250 MW project is under development in Turkey, with an envisaged capacity of 1 GWh. The batteries would be used for balancing services for the independent Transmission System Operator in Croatia (HOPS), domestic media reported. The European Union’s documentation shows the project is scheduled to start at the beginning of December.
Croatia got the green light from Brussels to give a EUR 19.8 million grant to a domestic startup for a massive energy storage project. IE-Energy is planning to build a battery system of 50 MW, which means it would be the biggest in Southeastern Europe.
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