Global Infrastructure SherpaPPC and METLEN plan 1.5GW storage portfolio JV across Romania, Bulgaria and Italy
PPC Group and METLEN Energy & Metals signed a joint venture agreement to develop a 1.5GW/3000MWh battery energy storage portfolio across Romania, Bulgaria, and Italy.
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The portfolio will have a total capacity of up to 1500MW/3000MWh. The companies will each hold a 50% stake in the joint venture. Around 1000MW of the planned capacity is expected to be implemented within the next 12 months. The storage projects will use two-hour liquid-cooled battery systems featuring LFP technology.
"PPC Group and METLEN Energy & Metals have signed a joint venture agreement to develop battery energy storage projects across Romania, Bulgaria and Italy. The companies will each hold a 50% stake in the joint venture, which will develop, construct and operate the projects."
"PPC Group and METLEN Energy & Metals have signed a joint venture agreement to develop battery energy storage projects across Romania, Bulgaria and Italy. The companies will each hold a 50% stake in the joint venture, which will develop, construct and operate the projects."
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