NGEN Launches the Largest Energy Storage Facility in Austria
Slovenian Company NGEN Launches Austria’s Largest Energy Storage Facility
Slovenian company NGEN, specializing in energy storage systems, has launched Austria’s largest energy storage facility to date, with a capacity of 24 MWh. Located in the city of Fürstenfeld in the southern federal state of Styria, the installation plays a fundamental role in stabilizing the power grid and reducing Austria’s dependence on fossil fuels.
Cutting-Edge Technology Supporting Grid Stability
The energy storage facility, composed of six Tesla Megapack 2XL modules, has been integrated with the local power grid and serves a strategic role in balancing the supply and demand of electricity. During periods of surplus renewable energy—such as from solar and wind power plants—the system stores electricity and then feeds it back into the grid during peak demand times.
“This is not only a technological achievement but also a symbol of the potential that lies in combining sustainability with innovation,” emphasized Roman Bernard, co-founder and CEO of NGEN Group.
Record-Breaking Implementation
The project was completed by NGEN’s Austrian subsidiary, NGEN GmbH, in a record time of just seven months. This investment is part of the company’s strategy to expand into German-speaking markets (DACH – Germany, Austria, Switzerland) and to continue developing innovative energy storage solutions.
“Fürstenfeld is just the beginning. Our vision is to support the energy transition with intelligent energy storage systems throughout the DACH region and beyond,” said Matija Dolinar, managing director of NGEN GmbH.
The Future of Energy
The BESS (Battery Energy Storage System) in Fürstenfeld marks another step toward more sustainable and efficient energy management. By quickly responding to grid voltage fluctuations and being able to store and release energy at crucial moments, the installation helps increase energy security and improve supply stability.
Thanks to advanced digital solutions, NGEN provides energy companies, grid operators, as well as industrial and individual consumers with an effective tool for energy management. The company is working on further expanding its projects, with plans for storage systems totaling 1.6 GWh in various European countries.
New Revenue Streams for Businesses
NGEN offers an “all-in-power” business model that includes comprehensive support—from planning and construction to full operation and commercialization of energy. Through smart integration with energy markets, companies can not only optimize their energy use but also monetize stored energy as a new source of revenue.
The energy storage facility in Fürstenfeld is further proof that innovative technologies can support global climate goals while also delivering tangible economic benefits. NGEN’s previous project, launched in September 2023 in Arnoldstein, had a capacity of 10.3 MW and 20.6 MWh, making it Austria’s largest such facility until the launch of the Fürstenfeld installation.
Source: balkangreenenergynews.com