Electrica launches 1GWh battery storage project

Business Forum
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh, marking a significant step in the company's 2030 Strategy.

The move sees the energy company leveraging existing land assets from its portfolio to build crucial infrastructure aimed at stabilising the national energy system.

Alexandru Chirița, CEO, Electrica, said: "This project is not just about technology or capacity; it is about redefining how Romania manages energy security for the decades ahead."

By deploying storage across multiple sites, Electrica aims to enhance operational resilience, dynamically manage fluctuations in energy consumption and production, and, ultimately, significantly reduce price volatility and reliance on energy imports, according to a company statement.

RECOMMENDED
Trina Storage enters Romanian energy market
Energy

Trina Storage enters Romanian energy market

Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).

RECOMMENDED FROM THE HOME PAGE
Finance

Cris-Tim publishes share price range for IPO

Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.

READ MORE
Business Forum  |  16 October, 2025 at 5:18 PM
Business Forum  |  16 October, 2025 at 4:36 PM