Lockheed Martin and Sinteza SA have officially signed a letter of intent to establish a groundbreaking GridStar Flow battery factory in Oradea, Romania. This €50M ($53M USD) project will be the largest facility of its kind globally and the first in Europe, marking a significant milestone in sustainable energy solutions.
Key Details
🔋 Cutting-Edge Technology: The factory will produce 30,000 tons of negative electrolyte annually, starting in summer 2026, delivering zero-carbon-emission solutions for sustainable energy storage.
💰 Strategic Investment: Co-financed with €25M ($26.5M USD) from Romania’s PNRR (National Recovery and Resilience Plan), the project strengthens Romania’s advanced battery production capabilities.
🌍 Regional Leadership: By aligning with Net Zero goals, Romania is poised to become a regional leader in renewable energy and energy security within the EU.
🤝 Romania-USA Partnership: The partnership between Lockheed Martin and Sinteza demonstrates Romania’s growing role as a hub for innovative and sustainable energy projects. The signing ceremony was attended by Romanian Minister of Energy Sebastian Burduja, U.S. Ambassador to Romania H.E. Kathleen Kavalec, and key leaders from both companies.
💡 Sustainable Transformation: Sinteza, with over a century of experience, is evolving from traditional chemical manufacturing to green energy, showcasing a commitment to ethical and innovative business practices.
Ray Piselli, Vice President of International Business at Lockheed Martin:
“This partnership is our first project in Romania’s commercial sector and a vital step toward achieving the country’s net zero ambitions. GridStar Flow is a cutting-edge solution for energy security, which is crucial for any nation’s defense and sustainability.”
Gelu Stan, CEO of Sinteza SA:
“This project upgrades our technological capabilities and business model while positively impacting Europe’s green energy transition. It’s an ethical investment that supports sustainability.”
This visionary project strengthens Romania’s energy independence, reduces reliance on external markets, and supports the global energy transition. By combining innovative technology, strategic investment, and regional leadership, Romania is solidifying its position at the forefront of Europe’s sustainable energy revolution. 🌿
Sources: Romanian Ministry of Energy, TheDiplomat.ro, Nineoclock.ro
