The investment revolves around RON130 million, with RON14.3 million covered with European funding.

This is the third storage project announced by PPC Renewables Romania amid stepped up investments in this segment, with the company envisaging portfolio expansion as it nears the threshold of 2 GW capacity installed locally.

At group level, PPC is rapidly expanding its renewable energy portfolio in Greece, Romania, Italy and Bulgaria, with the aim of reaching 12.7 GW installed capacity by 2028.

(English version by Catalina Apostoiu)