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Energy Minister Sebastian Burduja Announces Completion of Two More Milestones in the PNRR
Today, four financing contracts worth over 470 million RON in state aid have been signed as part of the call for proposals under Investment 4.1 of the PNRR, dedicated to Romanian battery production. Additionally, the Minister of Energy signed the final two financing contracts worth over 100 million RON under Investment 4.3 of the PNRR for the development of new battery storage capacities.
On December 17, 2024, the Ministry of Energy announced the signing of four financing contracts under the PNRR/2022/C6/M ENERGY/Investment 4 call for projects, aimed at developing the industrial chain for the production, assembly, and recycling of batteries, as well as creating new capacities for electricity storage.
“Romania has the potential to become a European leader in the battery production industry for electricity storage. This call for projects has accelerated the process, placing Romania on the global map of major battery manufacturers. For the first time this year, we are integrating energy from the new storage capacities into the national system. Having locally produced battery technology, alongside the clear determination of companies to invest in storage capacities, strengthens our position as a key European player in this sector,” stated Sebastian Burduja, Minister of Energy.
On December 17, 2024, four financing contracts were signed. The Ministry of Energy will fund projects with a total value of 985,021,461.82 RON (197,982,325.05 EUR), of which the PNRR funding amounts to 485,315,085.2 RON (97,544,888.79 EUR), for a newly installed operational electricity storage capacity of 3.33 GW/year.
Signed Contracts:
- Crisana Pro Construct SA – Industrial Battery Production Crisana
- State aid value: 145,034,925.81 RON / 29,150,991.06 EUR
- Capacity: 0.547 GW/year
- Ecorec Recycling SRL – Establishment of a Production Unit
- State aid value: 46,287,430.08 RON / 9,303,445.03 EUR
- Capacity: 0.3362 GW/year
- Grima COM SRL – Establishment of a Production Unit
- State aid value: 169,956,250.68 RON / 34,160,000.54 EUR
- Capacity: 0.4482 GW/year
- SINTEZA S.A. – Creation of a New Facility for the Production, Testing, and Recycling of Electrolytes Used in Manufacturing Industrial Batteries for Electricity Storage
- State aid value: 124,036,478.63 RON / 24,930,452.16 EUR
- Capacity: 2 GW/year
On the same day, the Ministry of Energy also announced the signing of the final two financing contracts under the PNRR/2022/C6/M ENERGY/Investment 4 call for projects, aimed at developing the industrial chain for electricity storage in batteries. The program’s objective to reach a newly installed operational capacity of at least 240 MW (or 480 MWh) is underway.
The call for projects had a total budget of 79.6 million EUR. In total, 11 financing contracts worth 603,268,244.08 EUR have been signed, with PNRR co-financing of 78,386,728.11 EUR. These projects will generate an operational storage capacity of 1,546 MWh.
Sebastian Burduja: “Through this PNRR call, with less than 80 million EUR, we financed investment contracts covering a quarter of the storage needs in the national energy system. During peak consumption periods, we will benefit from energy stored in batteries. More energy available when we need it most means lower market prices and reduced bills for Romanian citizens and companies. This is another PNRR milestone achieved.”
The Last Two Signed Contracts:
- RPOWER BESS – TWO S.R.L.
- Project: Construction of a facility for electricity generation and storage, including production and storage installations, access roads, internal networks, a transformation station, and connections.
- State aid value: 74,559,845.8 RON (14,986,000 EUR)
- Installed capacity: 245 MWh
- TEIUȘ SOLAR S.R.L.
- Project: Construction of an energy storage facility in batteries (BESS), with related installations, buildings, landscaping, and access roads.
- State aid value: 37,824,220.72 RON (7,602,400 EUR)
- Installed capacity: 116.96 MWh
This PNRR investment aimed to increase electricity storage capacity to support the integration of renewable energy sources into the national energy system and to enhance grid stability in the context of the green transition.
18.12.2024 / Editor, Andreea Dragan
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