€75m+ financing boosts national storage capacity
According to ZF, Banca Transilvania has provided financing of over €75 million to Nova H, a company owned by Nova Power & Gas, to develop a battery-based energy storage facility with an installed power of 200 MW and a capacity of 400 MWh.
According to the bank, the project directly contributes to doubling Romania’s national energy storage capacity, strengthening the country’s energy system.
Read full article here: turnovernews.com
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Photo: BT Newsroom
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