The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.

A flurry of news on DOE Loan Programs Office project loans could show a rush to get deals done before Trump’s administration takes office.

Some €17.9 million (US$19 million) in grants will be made available for ‘medium size’ distributed-scale energy storage projects projects in Austria.

The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1809MWh in its first tender for energy storage to be co-located with renewables.

Over 400MW of solar-plus-storage projects win Innovation Tender contracts in Germany

The CEE energy storage market holds much promise but grants and subsidies might be needed to get it off the ground.

The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.

Iron-air battery firm Form Energy has received a US$12 million grant from the state of New York for a 1GWh long-duration energy storage project, whilst Ecolectro Inc, PolyJoule Inc and Urban Electric Power received smaller amounts.

The Regulatory Authority for Energy (RAE) of Greece has chosen the 12 winning projects of a recently-launched tender, with 411MW of battery storage capacity to receive financial aid over a 10-year period.

Recent reports on the energy storage auction in Greece shows that “players are willing to take risks” to get into the market, an analyst from research firm Clean Horizon told Energy-Storage.news.