Electricity

Hithium, Solarpro shake hands for largest battery energy storage project in SEE

Hithium Solarpro rinalfa battery bess bulgaria

Photo: Hithium

Published

November 16, 2023

Country

Comments

comments icon

0

Share

Published:

November 16, 2023

Country:

Comments:

comments icon

0

Share

China-based Hithium has agreed to supply its battery products for a 55 MWh energy storage project, for which Bulgarian developer Solarpro is providing turnkey engineering, procurement and construction (EPC) services. According to the companies, it is the largest battery energy storage system (BESS) in implementation in Southeast Europe.

The battery energy storage system in Bulgaria will be the first joint project of stationary battery manufacturer Hithium and Solarpro, which is part of Renalfa Solarpro Group. The deal marks the start of a strategic partnership, according to the Chinese company.

Installation is planned to begin in early 2024. It will support an existing photovoltaic plant of 33 MW in peak capacity in the southwest Bulgarian town of Razlog, the companies said.

A subsidiary of the Vienna-based Renalfa IPP will own the BESS

A subsidiary of the Vienna-based Renalfa IPP will own the BESS, the announcement reads. The company is a joint venture of Renalfa Solarpro Group and French infrastructure fund manager RGreen Invest.

The solar farm is equipped with a photovoltaic tracker mounting system, enhancing the installation’s efficiency and output, along with its substation, the press release adds.

Hithium said it would supply 16 energy storage containers of 3.44 MWh each, based on its 280 Ah cells with an extra-long expected lifespan. They feature a wide operating temperature range, thus the energy storage system can run uninterrupted even in extreme weather, the company claimed.

Mateev: As the region’s utility-scale solar production ramps up, energy storage is gaining importance

As the region’s utility-scale solar production ramps up, energy storage is gaining importance since it enables producers to deliver solar-generated energy more reliably, Solarpro CEO Krasen Mateev said.

“We have been working on the preparation, engineering, and development of the joint solution over the past months for this landmark project. We are dedicated to leading the energy transition adding new technologies to our product portfolio,” he stressed.

Li: The project represents the company’s entry into Eastern Europe

Ning (Kelson) Li, Hithium’s Director for large-scale BESS projects for Central, Northern, and Eastern Europe, said the endeavor represents the company’s entry into Eastern Europe.

It perfectly reflects the contribution Hithium wants to make to the region, scaling up energy storage to stabilize the supply of clean energy, he said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

iea report electricity prices

US electricity prices soar 40% in H1 2025, outpacing EU’s 30% increase

01 August 2025 - The penetration of negative prices in EU continues, with their share doubling in H1 2025, according to IEA's latest report

KKR Greenvolt EUR 150 million capital boost

KKR to provide Greenvolt with EUR 150 million capital boost

01 August 2025 - Greenvolt Group said its majority owner KKR fully subscribed to a EUR 150 million share capital increase, with a focus on battery investments

bulgaria apste solar panels batteries fees recycling prices gazdov

APSTE: High state fees for PV panels, energy storage batteries inhibit electricity price decrease in Bulgaria

01 August 2025 - The government's fees are between five and 10 times higher than the European Union average, according to APSTE

Serbia adopts Just Energy Transition Plan until 2030

Serbia adopts Just Energy Transition Plan until 2030

01 August 2025 - Serbia now has a Just Energy Transition Plan until 2030, with suggestions how to mitigate of the impact of reducing fossil fuel use