Enefit, the electricity business of state-owned Estonian utility and power generator Eesti Energia AS, will build three new battery energy storage systems (BESS) in Lithuania, with a combined capacity of 46MW/184MWh.
US vehicle-to-grid (V2G) tech startup Nuvve has revealed stationary storage projects and partnerships in Asia, North America and Europe as the company broadens its focus.
A double header of Baltic BESS news, with financing secured for two large-scale BESS projects in Estonia and Lithuania’s capex support scheme oversubscribed by 2x.
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.
Ignitis Group and Olana Energy have progressed BESS projects in Lithuania closer to construction, with the order of equipment and final investment decision (FID) taken, respectively.
A double-header of large-scale BESS project sales in the Baltic region, with Aura Power selling to UAB Karjerų linija and Danish Sun Energy selling a co-located one to Sunotec.
IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.