Will Croatia build Europe's largest energy storage project?
Croatia is preparing to build Eastern Europe’s largest energy storage project. IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by .
Is Croatia ready for solar energy storage?
“There is immense scope for energy storage in Croatia, predominantly for battery storage.” GlobalData says that Croatia is now on target to meet its 36.4% renewable energy target by . However, its recent investment in energy storage has not been accompanied by rapid solar PV development.
Is there a storage facility in southeastern Europe?
There is no storage facility in southeastern Europe yet with such a capacity,” Attaurrahman Ojindaram Saibasan, a power analyst at GlobalData, told pv magazine. “There is immense scope for energy storage in Croatia, predominantly for battery storage.” GlobalData says that Croatia is now on target to meet its 36.4% renewable energy target by .
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Gravitricity is developing two underground energy storage technologies that will support the energy transition, whilst offering significant value in rapidly growing markets. Watch our latest video to learn more about the technology, the team behind the innovation, and why the investment opportunity is one not to miss!
Who is gravity?
Gravitricity is powered by a highly skilled and multidisciplinary team, committed to delivering innovative solutions to the challenges of the global energy transition. Our professionals bring deep industry expertise and a rigorous approach to solving complex technical and commercial problems in the energy storage sector.
Why is gravity the future of energy storage?
As the world generates more electricity from renewable energy sources, there is growing demand for technologies which can store excess energy produced and release it on demand. Gravitricity develops innovative, long duration underground storage technologies that deliver flexible, low-cost solutions for energy storage.
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