ELSEWEDY ELECTRIC Secures Greece's First Large-Scale 50MW Battery Energy Storage Project

ELSEWEDY ELECTRIC has officially closed financing for Greece’s first standalone 50MW/100MWh Battery Energy Storage System (BESS), a key milestone in the country’s push toward renewable energy.

Scheduled for completion by Q4 2025, the project will play a crucial role in enhancing the stability of Greece’s electricity grid while driving the transition to a more sustainable and low-carbon energy system.

This groundbreaking project will address the increasing need for reliable and flexible energy storage solutions, providing critical support for Greece’s grid and improving energy security for the region.

ELSEWEDY ELECTRIC is grateful to National Bank of Greece S.A. (NBG) for their continued partnership and support in making this important project a reality.

With Greece accelerating its clean energy efforts, the 50MW/100MWh BESS project represents a significant step forward in achieving the nation's renewable energy objectives.