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The European Commission has approved a €1 billion (US$1.1 billion) state aid measure for Greece to support two solar-plus-storage projects.

The BESS ‘land grab’ looks set to continue as Tier 2 companies vie for market share before countries potentially curb imports from China, with one developer suggesting the recent CATL-Duke Energy case will “not be unique”.

Belgium’s energy minister visited the site of a large-scale lithium-ion (Li-ion) battery storage project, a few days after attending the inauguration of a vanadium flow battery system.   

Optimisation company Flower has acquired a 42.5MW/42.5MWh BESS project from developer OX2 in Sweden, a milestone deal for both companies.

The Department of Mineral Resources and Energy (DMRE) of South Africa has opened the third bid window for its Battery Energy Storage IPP Procurement Programme (BESIPPPP), while also revealing the fifth and final winner from the first window.

Investments totalling US$425 million combined have been secured by US storage and solar developer-operators Lightshift Energy and MN8 Energy.

A regional council in Germany has given the go-ahead for transmission system operator (TSO) TransnetBW’s 250MW Grid Booster BESS project, which will be provided by system integrator Fluence.

Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023.

Big investments are being made into the battery recycling sector in Europe as the continent looks to increase the domestic supply of critical materials for its lithium-ion gigafactory projects.