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Croatia looks to fund 20MWh of energy storage projects

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The Ministry of Economy and Sustainable Development in Croatia has issued a €60 million (US$66 million) Call for Funds which seeks projects for renewables, energy efficiency and energy storage totalling 20MWh.

The Ministry announced the Call this week (17 April) which will provide €100,000 – €2 million per project with a maximum of €4 million per beneficiary.

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The goal of the Call is to facilitate the deployment of 20MWh of energy storage and 80MW of renewable energy projects. It is also targeting energy efficiency projects totalling 140,000MWh of energy a year, and has the overall goal of reducing CO2 emissions by 60,000 tonnes annually.

The deadline for submitting proposals in 19 June, 2023, and the Call page indicated that the energy storage technology must be battery-based.

In September 2020, Energy-Storage.news reported on a €20 million grant from the EU to Croatia-based energy storage operator IE-Energy for the firm to deploy projects in the country.

In April, Croatia and its neighbour Slovenia started a trial project looking at how a five-hour duration battery storage system could increase grid flexibility in both countries, in another EU-financed project.

Energy-Storage.news’ publisher Solar Media will host the inaugural Energy Storage Summit Central Eastern Europe on 26-27 September this year. This event will bring together the region’s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place, as the region readies itself for storage to take off. Visit the official site for more info.

24 September 2024
Warsaw, Poland
If your goal is to meet other industry professionals and create valuable business partnerships to better understand the region, then the Energy Storage Summit Central Eastern Europe 2024 is the right place for you. We provide the perfect platform to make high-level connections and fuel enriching and beneficial conversations in a relaxed yet professional environment. Our networking opportunities have been described as second to none by industry professionals.

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