Another roundup of European grid-scale BESS project news, led by MORE and Zenobe putting Greece and UK projects into operation, and major project financings/construction starts by Acacia in France, Greenvolt in Hungary and Eco Stor in Germany.
The results of Poland’s capacity market (CM) were announced this week, with fewer awards to BESS than last year because of a reduction in the technology’s de-rating factor.
We caught up with developer and IPP Greenvolt Power’s head of storage Antonio Montoto Rojo about the recent MACSE auction in Italy, where it won a contract for a 75MW BESS.
A pension fund will join the EBRD and EU Modernisation Fund in investing around €16 million (US$18.5 million) in a project on Croatia pairing large-scale BESS and a VPP.
Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.
Lithuania’s government will publish a call for applications tomorrow (10 October) for a scheme to support energy storage, which is deemed crucial to the country’s energy security.
GoldenPeaks Capital (GPC) and Huawei Polska have signed a Memorandum of Understanding (MoU) on a Battery Energy Storage System (BESS) cooperation focusing on 500MWh grid-forming BESS in Europe.
Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
The Baltics is among the most attractive regions in Europe for battery energy storage system (BESS) investment right now, with the recent decoupling from Russia and increasing renewable energy use sending flexibility needs soaring.