Croatia is rapidly advancing its energy storage projects to support renewable integration and grid stability. . 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. Their expertise also extends to battery systems, highlighting their role in energy storage within the renewable energy. . In a significant stride towards energy modernisation, Croatia is setting aside EUR 500 million for the development of large-scale energy storage systems.
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With global renewable energy capacity projected to grow by 75% by 2030, Cuba's Santiago-based enterprises are positioning themselves as key players in battery energy storage systems (BESS). . On Saturday, Cuba initiated the installation of solar energy storage batteries at four electrical substations, marking a significant step in addressing its energy challenges. These Battery Energy Storage Systems (BESS), also referred to as "concentrator units," are being placed at Cueto 220, Bayamo. . The Cabaiguán photovoltaic park, with a capacity of 21. 87 MW, located in the central province of Sancti Spíritus, began operations after just over two months of installation. The Cuban government promises solar energy, but without. This effort, which involves establishing approximately fifty photovoltaic parks across the nation, aims to address Cuba's persistent energy. .
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