METLEN Advances Major BESS Projects Across Italy and Greece
METLEN, a leading energy and infrastructure tech company, has announced significant progress across multiple battery energy storage system (BESS) projects in Italy and Greece. These developments underscore the company's commitment to expanding flexible generation capacity and supporting the decarbonization of the power grid in Southern Europe.
Italian BESS Financing and Tolling Agreement
In Italy, METLEN has secured 18 million euros in long-term financing for its 25 MW / 75 MWh battery storage project located in the Apulia region. Alongside this financial close, the company signed a seven-year physical tolling agreement with Dolomiti Energia Group. This long-term contract provides revenue visibility and underscores the commercial viability of the asset. Full operational capacity for the Apulien project is expected to be achieved in 2026, contributing significantly to regional grid balancing.
Greek Grid Integration and Project Completion
In Greece, METLEN's massive 330 MW / 790 MWh BESS project in Thessalia, developed in partnership with Karatzis Group, has successfully integrated its output into the Greek transmission system. This milestone marks a significant step towards full operational capability and the provision of essential grid services. Additionally, METLEN announced the official completion of its 48 MW / 96 MWh Aenaos battery energy storage project located in Polygyros.
Battery energy storage systems are defined as critical flexibility resources by the European Commission and ACER, requiring robust grid connection, export limits, and operational dispatch capabilities to mitigate congestion.
These projects align perfectly with the regulatory vision of the European Commission and the Agency for the Cooperation of Energy Regulators (ACER). They emphasize that grid connection, protection technology, and operational dispatch are critical for storage to effectively shift surplus energy and mitigate grid congestion or curtailment across the EU.
Source: Tech Zeitgeist
This article was assisted by AI analysis. Please refer to the original source for official information.