Econergy to start building 50MW BESS project in Poland
50 MW
Capacity
Econergy will soon start construction on a 50MW battery energy storage system (BESS) project in central Poland, which won a capacity market contract in 2023.
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Econergy's progression to construction on a 50MW battery energy storage system in central Poland, following its 2023 capacity market contract award, illustrates a clear strategy to de-risk new storage developments. This secured contract provides a critical revenue stream, enhancing the project's commercial viability and reducing exposure to volatile energy markets for the Tel Aviv-based developer. The 50MW capacity represents a substantial contribution to Poland's grid flexibility, supporting the integration of intermittent renewable generation. Econergy is moving this project from its extensive pipeline into tangible asset creation, leveraging a pre-negotiated revenue mechanism to support its investment in a key European market.
This 50MW Polish BESS project directly advances Econergy's ambition to execute on its vast European pipeline, which encompasses over 10 GWh of battery storage and 16 GW of solar PV and wind projects. As an independent power producer, Econergy is converting its pipeline assets into operational infrastructure, building out its utility-scale renewable energy and storage portfolio. The project's development in Poland adds a concrete asset to Econergy's European footprint, moving beyond pipeline figures to demonstrate delivery capability. This 2024 construction start, following a 2023 contract win, confirms Econergy's focused approach to developing contracted assets.
- Econergy to build 50MW BESS in central Poland.
- Project secured a capacity market contract in 2023.
- Tel Aviv-based Econergy manages a 10 GWh battery storage pipeline across Europe.
- Econergy also holds a 16 GW solar PV and wind pipeline.
- Construction announced 2024-10-01.
Timeline
Announced
Oct 1, 2024
Signed
Closed
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Global Infrastructure Sherpa