German battery maker CMBlu wins EUR-30m grant in Greece
Nov 08, 2024 17:11 CESTGreece has launched its third tender for battery energy storage capacity, seeking to award 200 MW of projects, which will compete for subsidies of EUR 200,000 (USD 217,920) per MWh.
The auction is the third and last round of the Balkan country’s 1-GW programme aimed at supporting the deployment of standalone energy storage facilities. Its start was approved by the Regulatory Authority for Energy, Waste and Water (RAAEY) and officially announced in the Official Gazette on Sunday.
Interested parties will be able to submit bids by December 23, 2024, according to local media. Connection applications should be filed by January 31, 2026.
The maximum allowance bid price is capped at EUR 145,000 per MWh and is open to proposals for standalone batteries with four hours of storage capacity. The systems should be located in Western Macedonia, formerly a lignite-dependent area, and four municipalities in Peloponnese – Megalopoli, Tripoli, Gortynia and Oichalia. The quota for the four Peloponnese municipalities is 50 MW.
The tender, which initially targeted 300 MW, follows the award of 411.8 MW of BESS projects in the maiden auction and 299.8 MW in the second round.
(EUR 1.0 = USD 1.090)
German battery maker CMBlu wins EUR-30m grant in Greece
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