Bulgaria’s Ministry of Energy has launched two tenders to add 1,425MW of renewable power generation to the grid and 350MW of battery energy storage system (BESS) projects.
EU body EIT InnoEnergy has launched a new platform for owning and operating energy storage assets across Europe, called Repono, targeting a 10% market share of an expected 1TWh market by 2030.
Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.
The European Union’s Battery Passport, which will make all of the components of devices placed into the market traceable, will be a useful tool for investors in energy storage, Energy-Storage.news has heard.
The Ministry of Energy of Romania has reopened a competitive solicitation for battery storage for the grid integration of renewable energy, seeking “at least” 240MW and 480MWh of resources.
Lawyers from Herbert Smith Freehills discuss the challenges for the nascent European gigafactory ecosystem in light of heavy competition from the US and China, alongside the role that energy storage system (ESS) demand will play.
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.
Europe-based sodium-ion battery technology firms Tiamat and Altris have secured a total of €29 million (US$31.5 million) in new funding, from a fundraise round and the Swedish state respectively.
