Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a national leader in renewable energy, is expanding its portfolio by launching a new business line dedicated to energy storage systems. This new initiative will provide comprehensive solutions including consultancy, EPC (Engineering, Procurement, and Construction), commercial operation, service, and maintenance. The company aims to address the growing need for efficient energy consumption and production management, actively contributing to the transition toward renewable energy sources and the creation of a sustainable energy system.
“Energy storage is an essential solution for efficient resource management and ensuring long-term energy stability. At Simtel, we invest in advanced technologies that enable our clients to maximize the energy they produce, minimize losses, and gain full control over energy consumption. The systems offered under our new business line optimize costs and revenues, enable efficient management of storage capacity, and, most importantly, provide predictable and stable energy storage solutions. Nature has always been our source of inspiration, demonstrating that everything works best when it follows a natural flow. We have integrated this principle into every aspect of the systems we propose, tailoring them to the specific needs of each business we work with, to offer personalized and efficient solutions that seamlessly fit into their daily operations. We reduce the carbon footprint, improve energy quality, and deliver reliability with every kWh produced. Reliability, flexibility, and optimization are fundamental, and in energy, just as in nature, they represent the natural path to efficiency ,” stated Mihai Tudor, CEO and Executive Board Member of Simtel Team.
Through its new business line, Simtel offers integrated solutions tailored to the specific needs of each client. These solutions cover all necessary stages, from design and procurement to construction and installation, ensuring optimal implementation of energy storage technologies. The backbone of these solutions, BESS (Battery Energy Storage Systems), utilizes rechargeable batteries to store energy generated from renewable sources, making it available to consumers based on their requirements. The capacities of these systems range from small-scale residential applications under 10 kWh to medium-scale commercial and industrial solutions of up to 1 MWh, and large-scale projects for electric supply producers.
With BESS systems, Simtel delivers solutions that optimize energy production revenues by storing surplus energy during periods of overproduction and maximizing self-consumption during favorable conditions, using forecasting algorithms to reduce costs. Additionally, these systems allow intelligent management of storage capacity based on the customer’s consumption profile, ensuring the necessary power input into the grid to handle peak demand periods.
Moreover, these systems facilitate active participation in the energy balancing market by optimizing voltage and frequency calibration. Thanks to their rapid response, the systems are eligible for providing ancillary services, including secondary reserve adjustment. Furthermore, BESS systems enhance stability by compensating for grid interruptions and operating in isolated mode during critical situations, addressing imbalances when necessary.
The launch of this business line comes as Simtel continues to develop significant projects in the energy storage sector. The company is currently developing five energy storage parks with a total capacity of approximately 200 MWh, scheduled for phased completion by the end of 2026. Additionally, this year, Simtel signed two strategic partnerships to advance its presence in the energy storage sector.
One partnership was established with PRIME Batteries Technology, a leading European producer of energy storage solutions and the sole battery manufacturer in Romania. This collaboration focuses on the development of advanced renewable energy technologies, aiming to increase energy efficiency, reduce costs, and accelerate the deployment of sustainable projects both in Romania and across Europe.
The second partnership was signed with Monsson, the largest developer of renewable energy projects in Romania and Southeast Europe. This collaboration targets the development, construction, and sale of photovoltaic and/or hybrid projects with a total installed capacity of approximately 150 MWp. Additionally, it includes the development of energy storage solutions with capacities of up to 120 MWh.
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About Simtel
Simtel is a technology, engineering, and innovation group with Romanian roots, international presence, and a global vision. The group provides companies and organizations with comprehensive solutions and integrated ecosystems, covering the entire process from consultancy, authorization, design, engineering, and construction to maintenance, operation, measurement, control, and energy supply. Simtel’s 360° expertise spans photovoltaic power plants, telecommunications, energy storage systems, as well as software platform development and robotic process automation, aiming to optimize resources and enhance efficiency. Simtel Team is listed on the Main Market of the Bucharest Stock Exchange under the ticker symbol SMTL.
