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Electrica signed financing contract for a 70 MWh energy storage project

Summary by thediplomat.ro
Electrica announces the signing of the agreement to access a non-refundable European financing in the amount of approximately 3.4 million euros through the National Recovery and Resilience Plan (PNRR). The funds will be used for the development of an electricity storage project in Fântânele, Mureș County. The total value of the project is estimated at 21.8 million euros, of which non-reimbursable financing represents approximately 20 percent. Th…
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