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The development will support the installation of up to 60 megawatts of grid-connected battery storage capacity and the deployment of a VPP platform, allowing real-time balancing of electricity supply and demand.. The development will support the installation of up to 60 megawatts of grid-connected battery storage capacity and the deployment of a VPP platform, allowing real-time balancing of electricity supply and demand.. 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.. 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.. Croatia's first battery energy storage facility connected to the national transmission grid is taking shape near Šibenik, marking a significant step in modernising the country's energy infrastructure. The €60 million investment, co-financed by the European Bank for Reconstruction and Development. . Zagreb, 8 July 2025 – Renewable Energy Sources of Croatia (RES Croatia) and the European Bank for Reconstruction and Development (EBRD) are collaborating on the development of an expert study titled “ Identification of Congestion Locations in the Electricity Grid and Battery Energy Storage Needs in. . Croatia is taking a major leap forward in its green energy transition, backed by a significant investment from the European Bank for Reconstruction and Development (EBRD) and other key partners. The project involves the construction of a sophisticated 60 MW battery energy storage system (BESS). . 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 in IE-Energy Projekt, a joint-stock company established.
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