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The commitment forms part of a broader investment scheme from Mytilineos that will support the development of 2.6GW of solar PV and storage assets across the EU through 2027. Image: Mytilineos

European Investment Bank contributes funding toward Mytilineos’ 2.6GW solar, storage pipeline

January 4, 2024
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.
Image: FREYR Battery.

Norway’s FREYR Battery gets €100 million EU grant for Giga Arctic factory

July 14, 2023
FREYR Battery, which is targeting the battery storage sector with its product line, has received a €100 million (US$112.29 million) grant commitment.
Sonnen home battery installation. The company's regulatory affairs VP Felix Dembski spoke at the event, along with reps from companies including ESS Inc and Portuguese utility EDP. Image: Centrica.

European Energy Storage Coalition launches, welcomed by EC energy commissioner Simson

May 9, 2023
The launch of a new Energy Storage Coalition has been welcomed by European Commission energy commissioner Kadri Simson.
european union

Energy storage the ‘centrepiece’ of European decarbonisation, energy commissioner says

April 19, 2023
Kadri Simson has described energy storage as vital for the energy transition, yet often “overlooked” in plans and strategies.
Anti-war protestors photographed in Glasgow, Scotland, as Russia’s invasion began, February 2022. Image: Credit: Wikimedia user Daniel Naczk.

European energy strategy must reconcile the need for flexibility

January 30, 2023
European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.
"...unprecedented energy crisis we are facing shows that we need to make the electricity market design fit for the future," energy commissioner Kadri Simson (pictured in 2019), said. Image: European Parliament.

EU Electricity Market Design ‘needs to value energy storage and other flexibility options’

January 24, 2023
EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives of Fluence.
european union

EU announces its own ‘Inflation Reduction Act’ for renewables and energy storage

January 19, 2023
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.
battery analytics peaxy

Energy storage trade group EASE welcomes European Union policy developments

December 19, 2022
In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.
hynfra claritas battery storage poland

Firms Claritas and Hynfra to deploy 500MW of energy storage in Poland

December 19, 2022
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.
european union europe energy storage deployments ease delta-ee report

European Union votes to accelerate standalone energy storage deployment

December 15, 2022
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.

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