A double header of Baltic BESS news, with financing secured for two large-scale BESS projects in Estonia and Lithuania’s capex support scheme oversubscribed by 2x.

IPPs Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia, while Olana and Energix have enlisted optimisers for BESS projects in Lithuania and Poland, respectively.

The Baltics is among the most attractive regions in Europe for battery energy storage system (BESS) investment right now, with the recent decoupling from Russia and increasing renewable energy use sending flexibility needs soaring.

Ignitis Group and Olana Energy have progressed BESS projects in Lithuania closer to construction, with the order of equipment and final investment decision (FID) taken, respectively.

An EU-backed energy storage capex support scheme in Lithuania will support as much as 4,000MWh of battery storage, the Ministry of Energy has said.

Construction has begun in western Lithuania on a 30MW/60MWh grid-connected battery energy storage system (BESS) project using CATL equipment.

The Ministers of Energy and the Environment in Lithuania have approved an additional €37 million (US$43 million) for an energy storage capex grant scheme, while Trina Storage has secured orders in the country.

A double-header of large-scale BESS project sales in the Baltic region, with Aura Power selling to UAB Karjerų linija and Danish Sun Energy selling a co-located one to Sunotec.

Utility Ignitis Group has taken a final investment decision (FID) on three large-scale battery storage projects in Lithuania.

State-owned utility and power generator Eesti Energia has completed and put into commercial operation the first large-scale BESS in Estonia.