The total investment in the project is currently estimated at about EUR21 million, with funding provided by the National Recovery and Resilience Plan (NRRP).
The project is being developed through the affiliated company Teius Solar and will have a storage capacity of at least 116.96 MWh, or more than 120 MWh in the final delivery configuration.
The system is designed to increase the flexibility of the energy system by storing electricity and delivering it when the grid needs balancing.
(English version by Loredana Fratila-Cristescu)