Greek Tin Energy Storage Project

3 FAQs about [Greek Tin Energy Storage Project]

How many MW of new battery storage capacity does Greece have?

The Greek authorities have awarded 300 MW of new battery storage capacity in its second energy storage tender. The 11 winning projects range in size from 8.875 MW/17.75 MWh to 49.9 MW/100 MWh.

Which energy projects remained below the line?

Two offers remained below the line: Alasia’s two projects of 36 MW each and R1 Energy’s planned unit of 50 MW. CNI’s bid for a facility in Livadia was the lowest: EUR 44,100 per MW per year. The highest, at EUR 49,917 per MW per year, was for Terna’s battery array in Thebes. The average was EUR 47,680 per MW per year.

Who financed the Greek recovery and Resilience Project?

The technical studies were co-financed by the Connecting Europe Facility Program while part of the total cost of the project will be financed by the Recovery and Resilience Fund, following the positive evaluation of the Greek recovery and resilience plan by the European Commission.

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