New energy battery investment project in Croatia


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Croatia Bolsters Energy Resilience with €500 Million Battery Investment

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 allocating €500 million for BESS – report

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

Subsidy of 20 million euros for Croatian grid-scale battery project

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.

Croatia earmarks subsidies for firms for batteries to store green energy

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 is investing 500 million euros in batteries for energy

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.

IPP Woodburn Capital targets BESS market in Croatia

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.

Croatian startup to build largest battery system in

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

Croatia: Statkraft takes over Neoen''s portfolio of projects

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

Croatia is investing 500 million euros in batteries for energy storage

The Croatian government has prepared 500 million euros to install batteries for storing energy produced from renewable sources. Minister of Economy and Sustainable

Croatia allocating €500 million for BESS – report

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

Defining and Evaluating Use Cases for Battery Energy Storage

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

Croatia to earmark EUR 500 million for batteries

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.

EU approves €20 million state aid to energy storage company in Croatia

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

Defining and Evaluating Use Cases for 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

IPP Woodburn Capital targets BESS market in Croatia

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

EU approves €20 million state aid to energy storage company in

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

Croatia Bolsters Energy Resilience with €500 Million Battery

In a significant stride towards energy modernisation, Croatia is setting aside EUR 500 million for the development of large-scale energy storage systems. The

Croatia: Statkraft to sell renewable energy projects

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

Croatia to earmark EUR 500 million for batteries

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

EBRD approves equity investment in Croatia''s IE-Energy Projekt

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 buys 400MWh Texas battery storage project

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.

ENNA to invest €1 billion in green projects in Croatia

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

Janom Investments expands to Croatia with 30 MW

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

Croatia looks to fund 20MWh of energy storage projects

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

Croatian startup to build largest battery system in Southeastern

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.

Croatia earmarks subsidies for firms for batteries to store green

The Government of Croatia has prepared EUR 60 million in subsidies for businesses to install renewable power plants and batteries. Subsidies for energy storage

Statkraft acquires Neoen''s project portfolio in Croatia

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

Croatia looks to fund 20MWh of energy storage projects

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.

Subsidy of 20 million euros for Croatian grid-scale

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 allocating €500 million for BESS – report

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

6 FAQs about [New energy battery investment project in Croatia]

How much does Croatia pay for renewable power plants & batteries?

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.

Did Croatia get the green light for IE-energy's massive energy storage project?

Croatia got the green light from Brussels for a EUR 19.8 million grant to IE-Energy for a massive energy storage project.

Will ie-energy accelerate the decarbonization of Croatia's energy sector?

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.

Will ie-energy build the biggest battery system in southeastern Europe?

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.

When will a 250 MW battery project start in Turkey?

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.

Will ie-energy be the biggest energy storage project in southeastern Europe?

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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