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Faria Renewables has inaugurated the Galani battery energy storage system (BESS) in Elassona, Greece, a project rated at 49.9MW of power and 134.16MWh of energy. The company held the ribbon-cutting on October 13, 2026, in an event reported by Energy-Storage.News on October 22. Huawei supplied the BESS units, while Faria acted as investor, independent power producer and engineering, procurement and construction contractor.
The project combines private financing from Attica Bank with support from Greece’s allocation of the European Union Recovery and Resilience Facility–NextGenerationEU. Its stated ratings imply roughly 2.69 hours of duration when energy is divided by power, although that calculation does not establish usable capacity, dispatch duration or operating performance.
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1Clear out junk files and repair common Windows errors2Fix the driver behind crashes, sound loss and screen glitches3Repair Windows errors before they cause bigger problemsWhat was inaugurated at Elassona?
Galani is a grid-scale battery project in Elassona, central Greece. Faria Renewables presented the facility as one of the country’s first BESS projects; that is the company’s characterization, rather than an independently demonstrated national ranking.
The plant is rated at 49.9MW/134.16MWh. Those figures describe the project’s stated power and energy ratings, not a published guarantee of the energy available to the grid after reserve requirements, conversion losses or degradation. The project connects to a 150/20 kV high-voltage substation.
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What does the 49.9MW/134.16MWh rating mean?
Power capacity, measured in megawatts, indicates the rate at which the system can charge or discharge. Energy capacity, measured in megawatt-hours, indicates how much stored energy the rating represents. A simple division of 134.16MWh by 49.9MW produces approximately 2.69 hours, but the available material does not disclose the battery chemistry, usable-energy limits, performance guarantees, commissioning test results or the project’s actual dispatch profile.
Who supplied and delivered the Galani BESS?
Huawei supplied the battery energy-storage units. Faria Renewables took on several project roles itself: it is the investor and independent power producer, and it also served as the engineering, procurement and construction contractor using internal capabilities.
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Faria said it wants to make that EPC capability available on projects owned by other companies. That is a stated business intention, not evidence in the report of completed third-party EPC contracts. The division of responsibilities matters because it gives Faria control over development, construction and eventual power-market participation while leaving equipment supply to Huawei.
How was the project financed?
Attica Bank provided project financing. Energy-Storage.News reported total investment of €28 million (US$31 million). The project also received support through the European Union Recovery and Resilience Facility–NextGenerationEU, administered in Greece by the Regulatory Authority for Waste, Energy and Water (RAAEY).
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Galani won support in Greece’s second-round funding auction held in 2024. The reported weighted-average winning bid across projects in that auction was €46,680 per megawatt per year. That figure is an auction-level average, not a Galani-specific award, so it should not be used to calculate this project’s annual revenue.
Why does the project matter for Greece’s storage build-out?
Grid-scale batteries can absorb electricity when supply exceeds immediate demand and release it later, helping the power system manage variable generation and short-term imbalances. Galani’s connection through a 150/20 kV substation places it directly in the high-voltage network rather than in a behind-the-meter or household-storage setting.
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The project’s significance is therefore structural as well as physical: one company combined development, investment and EPC delivery, secured bank financing and EU-backed support, and installed equipment from an international supplier. The available announcement does not, however, identify Galani’s contracted services, market-access arrangements, revenue stack or measured operating results.
What is confirmed—and what remains unknown?
| Item | Confirmed detail | Qualification |
|---|---|---|
| Location | Elassona, Greece | Project location reported for Galani |
| Rated power and energy | 49.9MW / 134.16MWh | Stated ratings; usable energy and guarantees not disclosed |
| Implied rating ratio | About 2.69 hours | Arithmetic ratio only, not an operating-duration promise |
| BESS supplier | Huawei | Supplier of the BESS units |
| Grid connection | 150/20 kV high-voltage substation | Detailed interconnection equipment not stated |
| Project roles | Faria as investor, IPP and EPC contractor | Internal EPC capability was used on this project |
| Financing | Attica Bank; €28 million (US$31 million) reported investment | Currency conversion and amount are as reported |
| Public support | Greece-administered Recovery and Resilience Facility–NextGenerationEU funding | Won in the second-round 2024 auction |
| Ribbon-cutting | October 13, 2026 | Report published October 22, 2026 |
What has not been published about Galani?
- The battery chemistry and detailed cell, container or inverter configuration.
- Usable energy after operating reserves, efficiency losses or degradation.
- Commissioning test results, availability, round-trip efficiency or degradation guarantees.
- The services the battery will provide, such as balancing, reserve, arbitrage or congestion management.
- Specific revenue contracts, the project’s individual auction award and operating performance since inauguration.
Those omissions prevent a reliable judgment about lifetime economics or technical performance from capacity and investment figures alone. They also mean the 2.69-hour ratio should be treated as a way to describe the nameplate scale, not as evidence that the battery will discharge continuously for that period in normal operation.
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Frequently Asked Questions
Where is the Galani battery storage project located?
Galani is located in Elassona, Greece, and connects to a 150/20 kV high-voltage substation. The announcement does not provide a more detailed site address.
When did Faria Renewables inaugurate Galani?
The ribbon-cutting took place on October 13, 2026. Energy-Storage.News published its report on October 22, 2026.
Is €46,680 per megawatt per year Galani’s guaranteed income?
No. €46,680/MW/year was the weighted-average winning bid across projects in Greece’s second-round 2024 funding auction. A Galani-specific bid or annual payment was not reported.
Does the 134.16MWh figure show how much electricity Galani can deliver?
It is the project’s stated energy rating. The published information does not establish usable energy, conversion losses, reserve requirements or degradation, so delivered electricity could not be inferred from that number alone.
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