There’s been a flurry of project completions across Europe this past week, with projects completed in Germany, Estonia, Belgium, Denmark and Bulgaria by RheinEnergie/SMA, BSP, BStor, European Energy and Sunotec respectively, totalling nearly 700MWh of capacity.
Activity in Central and Eastern Europe (CEE) continues to accelerate, with two separate c.600MWh projects completed in Bulgaria by Solarpro & CATL and Sunotec and Sungrow, plus around 800MWh of capacity progressed across Romania, Estonia, Lithuania, and Finland.
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.
A busy week of large-scale BESS projects news from the Eastern side of Europe, with projects reaching commissioning, final investment decision, technology procurement and acquisition, led by KNESS’ 2GWh partnership with Hithium in Ukraine.
A 582MWh battery storage project and a gigawatt-hour-scale thermal energy storage system are the latest big developments in the emerging Baltic region, north-eastern Europe.
A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.
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.
