Energy storage must play central role in Europe’s energy security, enabling integration of renewable energy and lowering power prices.

The Ministry of Economic Affairs and Employment in Finland has granted €19.5 million (US$19.3 million) to a hybrid plant project combining wind, solar and 25MW/50MWh of battery storage.

Greece-based battery manufacturer Sunlight Group has secured a €140 million (US$136 million) loan for its manufacturing and R&D investments.

Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.

Germany’s early lead among Europe’s battery storage adopters is gone, but some see change coming on the horizon, Cameron Murray writes.

The EU has approved a plan by the government in Greece to put €341 million towards a 900MW energy storage pipeline, under its state aid rules.

Anthony Price summarises what took place at this year’s International Flow Batteries Forum Summer Conference in Brussels, Belgium.

E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.

Lithium-ion gigafactory company Northvolt’s energy storage system (ESS) assembly factory in Poland has won a share of €1.8 billion (US$1.8 billion) in EU grant funding, along with a battery recycling plant in north France.

Aer Soléir has signed an investment and co-development deal for 510MW of battery storage projects in Italy with Altea Green Power.