Alive Energy acquires battery storage project in Romania

Business Forum
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.

The total investment is approximately €25 million. Construction will begin in Q2 2026, with commissioning scheduled for Q1 2027.

The facility will connect to the grid at 33 kV and operate as an independent storage asset to support grid flexibility and balancing services. The system is designed for around 700 operational cycles per year and will use lithium iron phosphate battery technology with modular containerized architecture.

Alive Energy continues expanding its integrated renewable generation and storage platform across South-East Europe. The group currently has around 500 MW of operational capacity and assets preparing construction.

RECOMMENDED
Hidroelectricas investments reach new high in 2025
Energy

Hidroelectrica's investments reach new high in 2025

State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.

RECOMMENDED FROM THE HOME PAGE
Anima Wings attracts three institutional investors
Industry

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

Energy

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Economy

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.

READ MORE
Business Forum  |  30 April, 2026 at 7:30 PM
Business Forum  |  30 April, 2026 at 2:08 PM