The European Commission is targeting 90% renewable electricity by 2040 in the EU and sees energy storage as one of several key areas of investment to get there, according to a leaked draft.
The energy regulator in France has ordered a reopening of a postponed auction for secondary reserve/aFRR services, citing an increase in the number of BESS certified to provide it.
Eesti Energi has completed the procurement for its 26.5MW/51MWh BESS, the first of that scale in Estonia, with LG Energy Solution among the successful parties.
European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.
Developer Emeren has sold two more Italy BESS projects to Matrix Renewables totalling 293MW, bringing the total projects developed and transferred to 1GW.
Executives from Europe-based developers/IPPs Aquila Clean Energy, Kyon Energy and BayWa r.e. look back at the major energy storage trends in 2023 and ahead to 2024.
The Dutch municipality of Noordoostpolder has submitted a draft zoning plan for one of the first gigawatt-hour scale battery energy storage system (BESS) projects in the Netherlands.
Developer Kyon Energy has sold 194.7MW of battery energy storage system (BESS) projects in Germany to investor Obton, including one it recently claimed was the largest in Europe.
Europe’s telecommunications sector has the potential to deploy 15GWh of distributed energy storage (DES), halving its energy costs and helping the energy transition, Finnish telecoms firm Elisa said discussing its new DES solution with Energy-Storage.news.
