Will Croatia build Europe's largest energy storage project?
Croatia is preparing to build Eastern Europe’s largest energy storage project. IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024.
How much ie-energy aid will Croatia get?
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 systems.
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 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.
Which country has the largest battery storage system?
The Slovenia-headquartered company was recently in the news for a 20MWh project it commissioned in Austria, which is the country’s largest, and it is deploying the largest battery storage systems in neighbouring Slovenia and Croatia, totalling 70MW/140MWh and 50MW/100MWh respectively.
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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