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.
Tom Sisto, CEO of US flow battery provider XL Batteries, writes that lithium-ion batteries’ dependence on a supply chain controlled almost completely by one country is a risk that could be avoided.
Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.
A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.
The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.