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 40.08 MW | 80.16 MWh within the Corugea wind farm (CEE Corugea). The project amounts to a total value of 87.4 million lei million lei, of which 9.9 million lei is European co-financing, through the Modernization Fund.
The project continues PPC Renewables Romania’s strategy to accelerate the expansion of its renewable energy portfolio with storage projects that can actively contribute to the stability of the system, through the predictable production profile ensured by the storage of electricity in batteries. 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 Southeast region, in the town of Casimcea, the BESS system will be implemented within the Corugea wind farm, which includes 35 modern turbines, with a total installed power of 70 MW. The farm produces approximately 190,000 MWh annually, enough to cover the consumption of over 70,000 households and also contributes to the avoidance of over 130,000 tons of CO₂ emissions annually.
In addition to implementing the storage system, the project involves the construction of the necessary infrastructure elements, the arrangement of exploitation, access and fencing roads, the implementation of safety lighting and monitoring systems, as well as the area arranged for operation, maintenance, security and site organization.
The project is financed by the Modernization Fund – Supporting investments in the development of electricity storage capacities (batteries) connected to an existing renewable energy production facility. The investment amounts to a total value of 87,416,046.16 lei. The maximum value insured from the Modernization Fund is 11.41% of the total value of the project, namely 9,972,705.60 lei, and the value insured by PPC Renewables Romania is 77,443,340.56 lei.