PPC Renewables Romania, the largest private investor in renewable energy in Romania, continues its strategy of developing hybrid capacities and adds a battery energy storage system (BESS) with a capacity of 4.47 MW and 8.94 MWh to the Colibași PV park. The project amounts to a total value of 10.5 million lei, of which approximately 1.9 million lei will be provided by European financing, through the Modernization Fund.
The project continues PPC Renewables Romania’s plan to expand its renewable energy portfolio with storage projects that can actively contribute to the stability of the system, through the predictable production profile provided by battery storage.
Located in southern Muntenia, UAT Colibași, Giurgiu County, the Colibași PV park covers an area of approximately 15 hectares. The photovoltaic park was put into operation in 2013 and is equipped with 39,310 photovoltaic panels.
In addition to the development of the storage system, the project involves the construction of the necessary infrastructure elements, the arrangement of operating, access and fencing roads, the implementation of safety lighting and monitoring systems, as well as the area arranged for operation, maintenance and security and the organization of the construction site.
The project benefits from financing through the Modernization Fund – Supporting investments in the development of electrical energy storage capacities (batteries) connected to an existing renewable energy production facility. The investment amounts to a total value of 10,559,314.60 lei. The maximum value insured from the Modernization Fund is 18.12% of the total value of the project, respectively 1,913,027.69 lei, and the value insured by PPC Renewables Romania is 8,646,286.91 lei.
