Rimac Energy, the battery energy storage system (BESS) division of EV supercar company, has unveiled its new product at the Energy Storage Summit Central Eastern Europe (CEE).

The CEE energy storage market holds much promise but grants and subsidies might be needed to get it off the ground.

Varco Energy has secured debt financing facilities from bank NatWest to fund its pipeline of battery energy storage systems (BESS) in the UK.

This year has seen major energy storage deployment plans announced by telecommunications network operators in Finland and Germany, and substantial fundraises by ESS firms targeting the segment.

Germany-headquartered energy firm RWE is installing its first battery storage project in the Netherlands, with a 35MW unit virtually coupled with a biomass plant it operates.

UK-based investor Gore Street Capital has identified Poland, Hungary and Austria as markets of interest in the CEE region, investment principal John-Michael Cheshire told Energy-Storage.news in a Q&A.

Developer NGEN is deploying the largest battery storage projects in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman Bernard said.

Fluence president Americas John Zahurancik spoke with Energy-Storage.news at RE+ 2023 last week, discussing a broad range of industry talking points.

The Poland arm of UK-based developer Harmony Energy is looking to bid in around 500MW of battery storage projects into the upcoming capacity market auction, executive director Michał Maćkowiak said.

Battery storage plays an important role in adding resilience to energy networks. But it should also be remembered that natural catastrophes can affect BESS resources too, writes Ross Kiddie of bespoke battery insurance company Altelium.