Croatia looks to fund 20MWh of energy storage projects

LinkedIn
Twitter
Reddit
Facebook
Email

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.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

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.

Read Next

February 10, 2025
The government of Cyprus has published guidelines for a scheme to support the deployment of approximately 150MW/350MWh of energy storage.  
February 10, 2025
NYSE-listed firm Freyr has cancelled its plans for a battery manufacturing plant in Georgia, US, following its pivot to becoming a US solar company.
Premium
February 10, 2025
Modo Energy’s Wendel Hortop tells Energy-Storage.news that over 4GW of utility-scale BESS on the NEM will be in commercial operation by 2025.
February 7, 2025
Renewable energy developers and IPPs discussed the growing attractiveness of co-locating storage and solar at Solar Finance & Investment Europe (SFIE) 2025 this week.
February 7, 2025
Developer Amp Energy has closed project financing for the construction of the first stage of its 500MWh Bungama BESS in South Australia. 

Most Popular

Email Newsletter