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Energy Storage

Czech Tesla Group to Invest Over 450 Million Lei in New Factory in Brăila, Romania

Czech Tesla Group to Invest Over 450 Million Lei in New Factory in Brăila, Romania

Czech Tesla Group has announced an investment of over 450 million lei (approx. $100 million) to build a new factory in Brăila, Romania. The facility, which will be operational within the next 12 months, is expected to create numerous job opportunities as the company has already begun the recruitment process.

Romanian Ministry of Energy Awards 24 Financing Contracts for Renewable Energy, Storage Projects

Romanian Ministry of Energy Awards 24 Financing Contracts for Renewable Energy, Storage Projects

Romania's Ministry of Energy has signed 24 financing contracts through the Modernization Fund to support investments in renewable energy and energy storage. The agreements, aimed at accelerating the country's transition to green energy, will allocate a total of 1.8 billion lei (approx. $400 million) to

ENGIE to Construct One of Europe's Largest Energy Storage Facilities in Poland

ENGIE to Construct One of Europe's Largest Energy Storage Facilities in Poland

ENGIE, a global energy company, announced on Wednesday its plans to build one of Europe's largest energy storage facilities in Poland. The facility, set to be located in the town of Żarnowiec, will have a storage capacity of 200 megawatt-hours (MWh), making it a significant addition to the

Serbia's Subotica to Become Battery Hub with Elevenes Investment

Serbia's Subotica to Become Battery Hub with Elevenes Investment

Elevenes, a prominent player in the battery industry, is set to establish a significant presence in Subotica, Serbia. The company plans to build a state-of-the-art battery factory, which is expected to bolster the region's economic landscape. This strategic move is part of Elevenes' broader objective to expand

JinkoSolar to Install Energy Storage Systems at Athens Airport

JinkoSolar to Install Energy Storage Systems at Athens Airport

JinkoSolar, a leading solar module manufacturer, announced plans to install energy storage systems at Athens International Airport. The project aims to enhance the airport's energy efficiency and sustainability by integrating renewable energy sources. The initiative is part of the airport's broader strategy to reduce its carbon

Tesla Energy Storage’s Romanian Plant Faces Major Construction Delays

Tesla Energy Storage’s Romanian Plant Faces Major Construction Delays

Tesla Energy Storage, part of the Czech Tesla Group and unrelated to Elon Musk’s Tesla Inc., announced ambitious plans in 2022 to build a major battery factory in Romania. The project, worth 450 million lei ($98 million), was supposed to start construction in early 2023 with production commencing within

Renalfa IPP launches Bulgaria's first large-scale battery energy storage system

Renalfa IPP launches Bulgaria's first large-scale battery energy storage system