successful bid price of large scale battery storage project in Greece 2026

How many projects have been awarded in Greece's first battery energy storage system?

The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first standalone battery energy storage system (BESS) tender, which has attracted huge interest among developers. Investment and operating aid will be granted to 12 projects put forward by seven proponents.

How many MW of new battery storage capacity does Greece have?

The Greek authorities have awarded 300 MW of new battery storage capacity in its second energy storage tender. The 11 winning projects range in size from 8.875 MW/17.75 MWh to 49.9 MW/100 MWh.

What is the highest subsidy for a battery project in Greece?

The highest awarded subsidy came at €58773/MW/year and refers to a 7.9 MW/31.6 MWh project located in the same region. Greek firm Hellenic Renewables, which is a subsidiary of Helleniq Energy, offered the lowest successful bids for two battery projects of 25 MW/100 MWh each.

How many battery storage projects are being auctioned this year?

The pipeline of prospective battery storage projects now approaches 27GW, with over 500 projects granted a storage license. With support for 1GW of battery capacity to be auctioned 3 tranches this year, the results for the first auction of 400MW have been announced with a few winners, but lots of losers.

How many energy projects did helleniq & Intra Energy bid for?

Helleniq Energy and Intra Energy (Intrakat) are each behind three of these 12 projects, PPC Renewables bid successfully for two projects, while Aenaos (Mytilineos), Energiaki Techniki Anaptyxiaki, Energy Bank, and one energy community bid successfully for one energy storage project each.

Greece awards 189 MW of battery storage in third

Greece’s Regulatory Authority for Energy, Waste, and Water (RAAEY) has published the results of the country’s third auction for standalone battery energy storage system.

Greece: 27GW of battery storage projects gear up for

While the winning projects bid less than €60k/MW, most bids sought more than €70k with higher prices missing out. While funding was awarded to established Greek companies, notable losers included Eunice and

Greece to offer 200 MW in third battery storage auction

The program is part of the just transition efforts within Greece’s coal phaseout, currently scheduled to be completed in . Grants for the capital expenditure or capex for

Greece Launches Final Tender for 200 MW Battery

This move, approved by Greece's Regulatory Authority for Energy, Waste and Water (RAAEY), was officially published in the country’s Official Gazette on Sunday. This round sets a maximum bid price of EUR

Greece disclosed the 7 winners of its first power

Bids in the tender round were priced at between EUR 33,948 per MW and EUR 64,122 per MW, with the weighted average price of the successful proposals standing at EUR 49,748 per MW annually.

Greece launches third tender for 200 MW of battery energy

The deadline for bid submissions is set for 23 December , with connection applications due by 31 January . The bidding price for projects is capped at 145,000 euros

Greece opens tender for 200 MW of battery storage

Greece has launched its third tender for battery energy storage capacity, seeking to award 200 MW of projects, which will compete for subsidies of EUR 200,000 (USD

Greece launches 200 MW battery storage auction

The auction seeks to award 200 MW of battery storage projects, 100 MW less than initially announced when the 1 GW subsidy program for this type of energy storage was

Greece auctions 300 MW storage projects

Last week, Greece’s Regulatory Authority for Energy had announced 48 provisional projects in the country’s second energy storage auction, totaling 1.5 GW/3.1 GWh. In this round, the average winning bid is

Greece awards 189 MW of battery storage in third auction

Greece’s Regulatory Authority for Energy, Waste, and Water (RAAEY) has published the results of the country’s third auction for standalone battery energy storage systems.

Gigawatts of energy storage projects approved in

The Energy Regulatory Authority has been approving numerous energy storage projects recently. Image: Energy Regulatory Authority headquarters, credit: Energy Regulatory Authority. Swathes of energy storage

Greece: Second round winners in BESS auction

The RAE regulates the energy sector in Greece. Image: The successful participants in the second round of Greece’s auction for financial support of large-scale BESS have been revealed. The Regulatory Authority for

Elsewedy Electric achieves financial close on

The financial close of the project is part of Elsewedy Electric’s broader strategy to lead in the development of renewable and green energy projects. By advancing the energy transition in Greece, the company aims to set a precedent for large

ELSEWEDY ELECTRIC secures Greece’s first large-scale battery

This project marks a significant milestone, as the first standalone battery energy storage system of its scale in Greece. Moreover, it is a key part of ELSEWEDY ELECTRIC’s strategy to expand

ELSEWEDY ELECTRIC secures Greece’s first large-scale