This power station is the first grid-connected solar project developed by an IPP in Burundi. It is also the first major electricity generation investment in the country, in the past 30 years. The renewable energy infrastructure was on the books since 2016. Attempts were made to start construction in 2018, but the process aborted. In January 2020, construction started in earnest. Despite delays attributed to the, the power installation was commercially c.
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The European Bank for Reconstruction and Development (EBRD) is taking a significant step towards enhancing Croatia's energy landscape with a €16. 8 million investment in the country's inaugural large-scale battery energy storage system and virtual power plant (VPP) in Šibenik. . Croatia is moving forward with its largest grid-scale battery energy storage project thanks to a new investment from the European Bank for Reconstruction and Development (EBRD), the bank announced. The EBRD is investing up to €16. 8 million equity investment in IE-Energy Projekt.
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