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Greenvolt BESS

Sector: Biomass • Location: Poland

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment will support the development of two battery energy storage systems (BESS) with a capacity of 200MW (800MWh) each, one located near the city of Elk and the other near the village of Turosn in North-East Poland (the “Project”). Greenvolt Power Group Sp. z o.o. (“Greenvolt Power”) develops the Project. Greenvolt Power is part of the Portugal headquartered power company Greenvo

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The project “Greenvolt BESS” is an infrastructure initiative in the Biomass sector, located in Poland. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

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Description

Description

The proposed investment will support the development of two battery energy storage systems (BESS) with a capacity of 200MW (800MWh) each, one located near the city of Elk and the other near the village of Turosn in North-East Poland (the “Project”). Greenvolt Power Group Sp. z o.o. (“Greenvolt Power”) develops the Project. Greenvolt Power is part of the Portugal headquartered power company Greenvolt Energias Renovaveis S.A. (“Greenvolt”), which is positioned as a European leader in BESS with a total pipeline of 4.7 GW. Greenvolt is wholly owned by Kohlberg Kravis Roberts & Co. (“KKR”), a leading global investment firm. The Project consists of the construction, operation, and maintenance of the two BESS. Construction work is expected to finish in April 2026 for the Elk project location and June 2026 for the Turosn project location. The Project is anticipated to be in operation for 19 years and operate in the Polish capacity market starting in 2028. It will also participate in the balancing and ancillary services markets, as well as the wholesale market. 

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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