In June 2025, Econergy has completed the acquisition of two battery energy storage projects in Germany with a combined capacity of 100 MW, marking its official entry into one of Europe’s most dynamic energy markets. Construction is scheduled to begin in Q4 2025, with commercial operations expected by Q1 2027.
Germany’s ambitious government targets – reaching an 80 percent share of renewable energies in electricity consumption by 2030 and complete coal phase-out by 2038 – are fueling unprecedented demand for storage. Econergy’s projects are strategically positioned to benefit from strong regulatory support, including grid fee exemptions until 2029, and from market dynamics such as a sixfold increase in negative price hours between 2022 and 2024. The projects are expected to deliver approximately 13 million euros in annual revenues and 11 million euros in EBITDA.
The Company intends to deepen its presence in Germany further and is actively evaluating additional storage opportunities.
In Romania, Econergy is leveraging its market-leading solar PV platform (approx. 3.3 GW pipeline) to rapidly integrate storage solutions across its portfolio. The company is advancing co-location BESS projects alongside its solar assets, supported by a 150 million euros government-funded programme and exemptions from grid fees for charging.
Construction of these storage systems is set to commence by the end of 2025, transforming Econergy’s Romanian assets into hybrid PV and storage projects that deliver higher returns and greater flexibility.
“Our strategy is clear – storage is the future of renewables, and Econergy is positioning itself at the forefront of this transformation” said Eyal Podhorzer, CEO of Econergy. “With Germany and Romania, we are scaling our platform in two of Europe’s most promising storage markets, combining strong policy support with compelling economics. These projects will significantly enhance value creation for our stakeholders while strengthening energy security and flexibility for the European grid.”
Econergy’s overall pipeline now includes around 13GW of renewable projects across Europe, with a portfolio of 8.8 GW of PV, 0.7 GW of wind, and 3.4 GW of energy storage, reinforcing its position as a leading developer and operator of renewable energy assets.
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