The EU’s security requirements for energy assets including energy storage are increasing as the risks grow, particularly in Central and Eastern Europe (CEE).

Hungary’s subsidy scheme for energy storage will drive huge growth in BESS deployments over the next few years.

The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.

IPP Grenergy has acquired a 1GW solar PV portfolio and 1GW of energisation lines in Chile which will allow the hybridisation of 6GWh.

A public consultation regarding the auction will be launched in the coming days, while capacity and funding details have yet to be disclosed.

Investor DTEK will build 200MW of battery energy storage systems (BESS) in Ukraine as the country enters its third winter of war with Russia, with continued attacks on its electricity infrastructure looming.

Rimac Energy’s SineStack battery energy storage system (BESS) will deliver ‘zero energy capacity fade’ for the first two years of operation.

AES has seen a hybrid wind, solar and BESS project in Chile receive an environmental permit, while Oenergy has suffered a setback for a standalone project.

Infrastructure investor Actis has entered a strategic partnership with the companies behind a 3.5GW solar, 4.5GWh BESS project in the Philippines, one of the largest in the world.