Electricity

Rimac Energy, ENNA establish partnership for renewable energy production, storage

Photo: Rimac Energy

Published

October 25, 2023

Country

Comments

comments icon

0

Share

Published:

October 25, 2023

Country:

Comments:

comments icon

0

Share

Croatian companies ENNA and Rimac Energy established a strategic partnership for the production and storage of renewable energy. The central point is SineStack, an innovative battery energy storage system developed by Rimac Energy.

The partnership was declared at Birmingham Tech Week, the most significant regional technology fair in the United Kingdom. At the event, Rimac Energy presented SineStack, its most advanced battery energy storage system (BESS), ENNA said.

ENNA develops solar and geothermal projects and operates in transport, logistics, and food production and distribution. Rimac Energy is a brand of Rimac Technology owned by Rimac Group. It specializes in designing, developing, and manufacturing innovative stationary energy storage systems (ESS) solutions in Europe.

Companies plan to launch initial pilot projects in 2024

ENNA said it would harness the potential of renewable resources, including wind and solar energy, while that Rimac Energy is set to store and deliver the power via ESS.

According to Rimac Energy, both companies intend to deploy SineStacks to ENNA’s grid-tied renewable energy investments and beyond.

The first pilot project will be delivered to ENNA’s sites in 2024, enabling the partnership to refine the plans, Rimac Energy said.

The companies could also deploy up to 1 GW of energy storage systems

According to ENNA, they are committed to pursuing additional projects, including the deployment of energy storage systems of up to 1 GW in total.

SineStack contains innovations that push down the levelized cost of storage, increase round-trip efficiency and significantly improve energy stored per square meter, Rimac Energy stressed.

The company claimed that the solution enables a system lifetime of up to 12,000 cycles and more than 92% round-trip efficiency and draws all energy from every cell, minimizing inaccessible energy during operation.

The integrated power conversion system also allows customers to add 790 kWh blocks at a time without the need for inverter changes or additions.

rimac energy sinestack enna energy storage system battery
SineStack (photo: Rimac Energy)

SineStack pushes the limits of what grid-tied batteries can offer customers

Zoran Miliša, CEO of ENNA Opskrba, said that SineStack introduces the next generation of energy storage systems.

“We could not wish for a better partner to realize our shared ambitions for sustainability and pioneering development of energy storage solutions in key markets in Southeast Europe,” he stressed.

Sarwar Dilov: We can’t wait to see SineStack in customers’ hands across Europe

According to Wasim Sarwar Dilov, Rimac Energy CEO, SineStack pushes the limits of what grid-tied batteries can offer customers.

“We can’t wait to see SineStack in customers’ hands across Europe, and we are ramping up our European production to meet demand,” 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

MET Group Hungary largest battery energy storage system

MET Group inaugurates Hungary’s largest battery energy storage system

19 June 2025 - MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest

energy transition eti 2025 wef wind

WEF: Global energy transition picks up pace

19 June 2025 - The World Economic Forum's latest report shows the fastest energy transition progress since before the COVID-19 pandemic.

Greece to participate in European Nuclear Alliance Mitsotakis

Greece to participate in European Nuclear Alliance

19 June 2025 - Greece is going to explore its options for the introduction of nuclear energy, according to Prime Minister Kyriakos Mitsotakis

Western Balkan coal plants cut harmful emissions 2024 breaches extreme

Western Balkan coal plants cut harmful emissions in 2024 but breaches remain extreme

19 June 2025 - SO2 emissions from NERP-bound coal plants in BiH, Kosovo*, North Macedonia and Serbia were six times above legal limits last year