Developer and IPP Elevate Renewables will deploy a grid-forming BESS at a fossil fuel peaker plant in Connecticut, US, with US$27.5 million from the Department of Energy (DOE).

Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.

Hungary’s subsidy scheme for energy storage will drive huge growth in BESS deployments over the next few years.

DNO and IPP Electrica has received €3.4 million (US$3.8 million) in EU grants for a c.70MWh BESS project it will build in Romania.

Portugal is looking to support at least 500MW of energy storage capacity by the end of 2025 via grant support.

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

Croatia will provide some €500 million (US$534 million) in subsidies for battery energy storage system (BESS) technology, a government minister said.

Netherlands’ climate minister has allocated €100 million in subsidies to the deployment of ‘time-shifting’ battery storage with solar PV projects for next year, an acceleration of a larger €400 million-plus programme.

The successful participants in the second round of Greece’s auction for financial support of large-scale BESS have been revealed.

Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).