Portugal and Moldova progress BESS procurements with EU and USAID funds

LinkedIn
Twitter
Reddit
Facebook
Email

Portugal has selected 43 winning BESS projects for a share of €100 million (US$105 million) in EU grants while, on the other side of Europe, Moldova has launched a 75MW BESS procurement with funding from USAID.

Portugal: 43 winning projects totalling 500MW of storage

Portugal has awarded grant support to around 500MW of battery energy storage system (BESS) projects, using EU Recovery and Resilience Plan (RRP) funding, a bloc-wide scheme that has supported energy storage across the continent.

The 500MW procurement was confirmed in August 2024 and aims to strengthen the flexibility and sustainability of Portugal’s national electricity system and integrate renewable power into the energy mix. Some 79 applications were submitted, of which 43 were successful.

The country’s minister of environment and energy, Maria da Graça Carvalho said: “Support for
Innovative projects like these are essential to ensure a greener and more efficient future.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Several notable developers, utilities and independent power producers (IPPs) are among the list of winning projects, including Iberdrola, Galp, Hyperion and Greenvolt, though others may have bid in with special purpose vehicles (SPV).

The winning grants average a few millions euros each, with the highest amount, €16 million, going to the Solara 4 project. Capacities of the projects themselves were not given.

Greenvolt and Galp have both deployed 5MW BESS projects in Portugal in the past.

Moldova to sign contracts for first stage of 75MW procurement imminently

In eastern Europe, Moldova is in the process of completing a bidding process for the procurement of a 75MW BESS and 22MW internal combustion engine (ICE) project, called the Moldova Energy Security Project (MESA).

A first stage of the bidding for 30MW of the BESS capacity is expected to be completed in the coming weeks, the country’s Ministry of Energy said last week (16 January).

The country sits between Romania and Ukraine, and is in accession negotiations to become a member of the EU.

A US$85 million funding package for the procurement comes from USAID, a US-headquartered development finance institution, which is also managing the bidding exercise. That was also announced last summer, in June.

Works on the first phase of the project should be completed by September 2026 and the BESS will be installed at the CET Nord thermal power plant in Bălți, helping stabilise the grid. The project will also help facilitate electricity trade with Romania, Ukraine and the wider European market, the Ministry said.

6 October 2026
Warsaw, Poland
The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security.
2 December 2026
Italy
Battery Asset Management Summit Europe is the annual meeting for owners, operators, investors, and optimisation specialists working with operational BESS assets across the continent. The Summit focuses on how to maximise performance and revenue, manage degradation, integrate advanced optimisation software, navigate evolving market and regulatory frameworks, and plan for repowering or end-of-life strategies. With insights from Europe’s most active storage markets, it equips attendees with practical guidance to run resilient, profitable battery portfolios as the sector scales.

Read Next

June 17, 2026
Octopus Energy Generation has partnered with ZE Energy to invest in and build one of Italy’s biggest BESS projects, while Eco Stor has secured financing for one of Germany’s, which it is already building. Optimiser Entrix has also won two large contracts in Germany and the Netherlands.
June 15, 2026
Energy-Storage.news presents this sponsored webinar with Clean Horizon, on how Germany’s grid connection agreements can affect the business case for battery storage projects.
Premium
June 12, 2026
What is driving and shaping European BESS project financing and M&A this year?
June 12, 2026
The Czech Republic’s fourth pumped hydro energy storage plant is to be built within an existing hydropower complex, converting convention run-of-river into reversible units, creating 750MWh of energy storage capacity.
June 11, 2026
A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.