Mass Group Holding to Invest €1 Billion in Romania’s Battery Storage Capacity
Mass Group Holding plans to invest €1 billion ($1.18 billion) in battery storage capacity in central Romania, marking the largest such investment to date. The 2.5 GW project aims to enhance grid stability amid increasing renewable energy output and declining conventional capacity. The company’s local unit, Mass Global Energy Rom, is also constructing a 1.7 GW power plant in Mintia, expected to begin operations in September. Romania's strategy aligns with EU carbon reduction goals and addresses energy security challenges post-Russia's invasion of Ukraine.
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Mass Group Holding will invest €1 billion ($1.18 billion) in battery storage capacity in central Romania, representing the largest investment of its kind in the country. The planned 2.5 GW battery storage project aims to support the power grid as Romania expands renewable energy generation while phasing out older coal-fired plants.
Mass Global Energy Rom, the local unit of Mass Group, is already constructing a 1.7 GW power plant in Mintia, expected to start operations in September. This investment responds to the growing need for energy stability and aligns with Romania's commitment to European Union carbon emissions reduction goals.
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