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Romania’s electricity utilities Electrica and Renovatio get EUR 6.4 mn grants for power storage projects

October 18, 2024

Two Romanian electricity utility companies, Electrica (BVB: El) and Renovatio Trading, will receive EUR 6.4 million in grants under a EUR 103 million scheme financed under the National Recovery and Resilience Plan (PNRR) to develop power storage capacities of 130MWh. 

The Romanian electricity distributor and supplier Electrica (BVB: EL) will receive EUR 3.4 million for the development of a 70MWh  electricity storage project in Fântânele, Mureş county. The total value of the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/electrica-renovatio-grants-oct-2024
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