The European Commission has approved a €1.1 billion (US$1.2 billion) scheme from the government of Hungary to support large-scale energy storage projects.

The Regulatory Authority for Energy (RAE) in Greece has launched an auction for grants towards 400MW of energy storage, with three weeks to submit project proposals.

Eesti Energia, a utility based in Estonia, will install the country’s first grid-scale battery energy storage system (BESS).

The US now has a larger pipeline of lithium-ion manufacturing projects than Europe, according to Clean Energy Associates (CEA) and Benchmark Mineral Intelligence.

Electric ‘supercar’ firm Rimac is bringing “leading expertise in extracting maximal performance” from battery cells to its new energy storage division, which will also consider non-lithium technology, it told Energy-Storage.news.

Renewable energy firm RES and battery storage developer SCR have partnered to deploy another grid-scale battery storage project in Sweden, this time totalling 17MW.

Switzerland-based renewable energy firm Axpo has acquired its second energy storage development in Sweden, a co-located project with 25MW of energy storage.

Oil and gas firm TotalEnergies has enlisted subsidiary Saft to deploy a 25MW/75MWh battery energy storage system (BESS) at a refinery in Antwerp, Belgium.

The launch of a new Energy Storage Coalition has been welcomed by European Commission energy commissioner Kadri Simson.

The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects, with some 1GWh targeted by 2025.