PPC and Metlen launch 1.5 GW battery storage venture in Southeast Europe
Type: Partnership · Technology: Storage · Country: Bulgaria · Capacity: 1.5 GW · Announced: 2026-03-09
PPC and Metlen established a 50/50 joint venture to develop, construct, and operate up to 1,500 MW / 3,000 M.
Analysis
Public Power Corporation and Metlen are launching a joint venture to develop 1.5 GW of battery energy storage systems across Bulgaria, Romania, and Italy. This substantial capacity will be crucial for enhancing grid stability and integrating intermittent renewables throughout Southeast Europe. The partnership brings significant storage infrastructure to three distinct national markets, addressing growing demands for energy flexibility.
Key points
- 1.5 GW battery energy storage capacity.
- Joint venture between Public Power Corporation and Metlen Energy and Metals.
- Projects located in Bulgaria, Romania, and Italy.
- Deal announced March 9, 2026.
Counterparties
- Public Power Corporation (PPC) (Partner)
- Metlen Energy & Metals (Partner)