Nuvve Holding Corp. Expands European Footprint with Third BESS Project in Two Weeks

On March 19, 2026, Nuvve revealed that it will develop a 60 MW / 120 MWh standalone BESS in Braşov, Romania. This project, named SPV Braşov 60, is poised to serve the Romanian market's balancing and ancillary service needs, with commercial operations expected to commence in the fourth quarter of 2026.

The announcement adds to Nuvve's existing projects, which include 50 MW in Sweden and 40 MW in Austria, bringing the total capacity under the OMNIA Global partnership to over 150 MW. The rapid succession of these projects underscores the effectiveness of the cooperation agreement established between the two entities earlier this month.

The swift execution of the Braşov project exemplifies the maturity of OMNIA Global’s development pipeline, which already includes more than 700 MW across 16 projects located in Austria, Romania, and Bulgaria. The partnership is designed to facilitate pipeline access, grid aggregation, and the right of first refusal for future developments, allowing Nuvve to activate these assets quickly and efficiently.

All three announced projects share a common framework characterized by contracted Engineering, Procurement, and Construction (EPC) agreements, secured site and grid access rights, and target commercial operation dates in 2026.

Nuvve's revenue model is intricately linked to the performance of each project, with potential earnings ranging from approximately $250,000 per MW per year in established markets to as much as $500,000 per MW per year in higher-yield markets like Romania. This projection is bolstered by Romania’s advantageous grid balancing service premiums, which are significantly higher than those found in Western Europe.

The company's GIVe™ platform will be instrumental in managing grid aggregation and optimizing dispatch across the local ancillary service and wholesale energy markets, enabling Nuvve to maximize revenue across its European BESS portfolio.

The Braşov project is strategically located within a high-demand grid node in Romania's national transmission network. Below are some key details:

Nuvve's CEO, Gregory Poilasne, remarked on the rapid progress made under the OMNIA Global partnership, stating, “Three projects, three countries, more than 150 MW — in under two weeks. What matters here is not just the scale — it is the economics.” He emphasized Romania's compelling market dynamics, indicating that it is expected to be a significant contributor to Nuvve's European revenue base.

Meanwhile, Daniel Hansen, CEO of OMNIA Global, highlighted the importance of thorough preparatory work, stating, “Our pipeline exists because we prioritize the development work — securing grid access, completing due diligence, signing EPC contracts — before any asset is brought to a partner.”

With the addition of the Braşov project, Nuvve's European BESS portfolio now includes:

As Nuvve continues to expand its footprint in Europe, the company is well-positioned to become a leading player in the battery energy storage sector, harnessing the growing demand for flexible energy solutions in a rapidly evolving energy landscape.