Portugal has selected 43 winning BESS projects for a share of €100 million (US$105 million) in EU grants while, on the other side of Europe, Moldova has launched a 75MW BESS procurement with funding from USAID.
Europe appears to be slower and less bold than other markets like the US when it comes to financial support for upstream battery material projects like lithium refining, a company looking to invest half a billion euros in an EU project told Energy-Storage.news.
System integrator Powin has been enlisted by oil, gas and renewable energy firm Galp to install a battery energy storage system (BESS) at a PV plant in Portugal, Powin’s first in Europe.
Renewable energy independent power producer (IPP) Greenvolt is close to bringing a 5MW/5MWh battery energy storage system (BESS) online at its biomass plant in Coimbra, Portugal.
Mining giant Glencore, Spain-based utility Iberdrola and commercial waste management firm FCC are partnering to develop lithium-ion battery circularity solutions, including recycling and second life.
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.