PPC Renewables Romania, the largest private investor in renewable energy in Romania, continues to develop its portfolio of hybrid capacities and will build a battery energy storage system (BESS) with a capacity of 60 MW | 120 MWh within the Zephyr 1 project (CEE Târgușor). The project amounts to a total value of 129.9 million lei, of which 14.36 million lei will be provided through 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 electricity storage.
This is the third storage project announced by PPC Renewables Romania and marks the acceleration of the development of the company’s storage portfolio. This year, PPC Renewables Romania plans to add new storage capacities and is rapidly advancing in this segment, along with the expansion of renewable production, as it approaches the 2 GW threshold in installed capacities in Romania.
Located in the South-East Region, UAT Nicolae Bălcescu, Constanța County, the BESS system will be implemented within the Zephyr 1 wind farm (CEE Târgușor) which totals 52 turbines with a total installed capacity of 120 MW. In the same area, the two wind farms Târgușor and Nicolae Bălcescu Târgușor, also known as Zephyr 1 and Zephyr 2, total 78 wind turbines, with a total installed capacity of 180 MW.
In addition to the development of the storage system, the project involves the implementation of all necessary construction and infrastructure elements, the arrangement of operating roads and access roads, the fencing of the site, the implementation of safety lighting and monitoring systems, as well as the arrangement of the area intended for operation, maintenance and 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 129,926,844.35 lei. The maximum value insured from the Modernization Fund is 11.05% of the eligible expenses, namely 14,360,696.06 lei, and the value insured by PPC Renewables Romania is 115,566,148.29 lei.