A total of 71GWh of new grid-scale energy storage needs to be deployed in Italy by 2030 for it to decarbonise its energy system in line with the EU targets.
Italy-based Energy Dome, the maker of a proprietary CO2-based long-duration energy storage system, has closed the second tranche of its Series B, raising another €15 million bringing the total to €55 million (US$62 million).
Developers Eku Energy and Renera Energy have signed an agreement to deploy 1GW of battery storage projects in Italy, the latest in a flurry of companies entering the market.
Developer Altea Green Power is selling 2GW of battery storage projects in Italy with expected ready-to-build (RTB) status in Q2 2025 – and responded to cautionary comments about large early-stage deals.
Developers Emeren and Matrix Renewables, part of private equity firm TPG, intend to launch a development service agreement (DSA) for 1.5GW of battery storage in Italy.
The Italian grid-scale energy storage market is set to become one of the most active in Europe in the next few years having been close to non-existent until now.
UK-based Aura Power has announced the final approval for a 200MW/800MWh battery energy storage system (BESS) in Italy, confirming Energy-Storage.news’ recent article.
In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power’s 500MW-plus pipeline of BESS projects.