All power stations in Croatia are owned and operated by Hrvatska elektroprivreda (HEP), the national power company. As of 2015, HEP operates 26 hydroelectric, 4 thermal and 3 cogenerating power plants with the total installed electrical power of 3.654 MW.
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 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.
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.
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EBRD invests €16.8 million in Croatia''s first grid-scale battery storage and virtual power plant project to boost the renewable energy integration.
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EBRD invests €16.8m in Croatia’s first large-scale battery storage and virtual power plant – its first equity stake in standalone merchant Battery Energy Storage System …
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The EBRD is investing €16.8 million in Croatia''s IE-Energy Projekt to develop a 60 MW battery energy storage system and virtual power plant in Šibenik.
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IE Energy, a Croatia-based energy storage operator, is set to build a 50 MW storage project, after securing €19.8 million from the …
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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 …
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Singapore has surpassed its 2025 energy storage deployment target three years early, with the official opening of the biggest battery …
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Independent power producer EDF Renewables North America has signed a 22-year power purchase agreement with utility NV Energy for a 200MWac solar project coupled with a …
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Project Impact The development will facilitate the installation of up to 60 megawatts of grid-connected battery storage capacity and the implementation of a VPP platform, enabling …
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As Croatia accelerates its transition to renewable energy, understanding the price dynamics of power station energy storage systems has become critical. This article breaks down current …
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ENGIE and NHOA have confirmed a partnership to build a 320 MWh battery energy storage system (BESS) at Drogenbos, Brussels. This project is ENGIE’s third battery storage …
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The project aims to install up to 60 megawatts of grid-connected battery storage capacity and deploy an advanced virtual power plant platform capable of balancing electricity …
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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 …
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The European Bank for Reconstruction and Development (EBRD) said on October 22 it will invest €16.8mn in Croatia’s first large-scale battery energy storage system and virtual …
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Origin Energy (Origin) has approved the third stage of its large-scale battery at Eraring Power Station, adding further storage capacity to the project already underway and …
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Croatia is taking a major leap forward in its green energy transition, backed by a significant investment from the European Bank for Reconstruction and Development (EBRD) …
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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 …
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Battery storage power stations store electrical energy in various types of batteries such as lithium-ion, lead-acid, and flow cell batteries. …
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On 23 June 23, China Energy Engineering Group Jiangsu Power Design Institute commissioned the largest hybrid energy storage …
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