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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Delhi's Power Minister Ashish Sood on Thursday inaugurated India's first commercially approved and South Asia's largest standalone utility-scale Battery Energy Storage System (BESS), developed by BSES Rajdhani Power Limited at the 33 kV Kilokri Substation in New Delhi. . The Kilokari-based facility aims to enhance electricity supply for over 100,000 residents, ensuring stability during peak demand and outages. Delhi powers up, city's first big battery boosts energy backup.
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