The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.

FREYR Battery, which is targeting the battery storage sector with its product line, has received a €100 million (US$112.29 million) grant commitment.

The launch of a new Energy Storage Coalition has been welcomed by European Commission energy commissioner Kadri Simson.

Kadri Simson has described energy storage as vital for the energy transition, yet often “overlooked” in plans and strategies.

European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.

EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives of Fluence.

The European Union (EU) has unveiled its plans for its own Inflation Reduction Act-style support package, the Green Deal Industrial Plan, for clean energy technologies including energy storage.

In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.

Investor Claritas and system integrator Hynfra Energy Storage (HES) have signed a framework agreement to deploy half a gigawatt of utility-scale battery energy storage in Poland.

The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage.