Croatia's first battery energy storage facility connected to the national transmission grid is taking shape near Šibenik, marking a significant step in modernising the country's energy infrastructure. . The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16. 8 million in IE‑Energy Projekt, a newly established joint‑stock company developing a greenfield battery energy storage system (BESS) and virtual power plant (VPP) in Šibenik, Croatia. The €60 million investment, co-financed by the European Bank for Reconstruction and Development. . Croatia is taking a major leap forward in its green energy transition, backed by a significant investment from the European Bank for Reconstruction and Development (EBRD) and other key partners.
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Located at the Arthur Kill Power Station in Staten Island, this battery storage project will replace the existing natural gas-powered 20 MW NRG Arthur Kill GT1 peaker plant unit set to retire in 2025 with a 15 MW/60 MWh distribution-level battery storage facility. . In the realm of electric vehicle (EV) batteries, ArcLight Capital Partners and Elevate Renewables have unveiled plans for New York City's most extensive battery storage project to date. Utility-scale battery energy storage developer Elevate Renewables and ArcLight Capital Partners will install a 15 MW/60 MWh distribution-level battery storage facility at the Arthur Kill. . Across the United States, battery energy storage is rapidly emerging from a niche technology into mainstream grid infrastructure. The growing attractiveness of battery energy storage is driving a transformation fueled by record-setting installations nationwide. The expansion of renewable energy and. .
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