The Croatian government has allocated almost €20 million ($23. 2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery. . The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16. The EBRD is investing up to €16.
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[pdf] We're talking about Croatia's first large-scale battery storage system paired with a virtual power plant—tech that'll completely reshape how the country handles renewable energy integration and grid stability. . The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16. 8 million in IE-Energy Projekt, a joint-stock company established. . The Croatian government has allocated almost €20 million ($23.
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