Portugal-based utility EDP has received clearance to deploy a 1MWh vanadium redox flow battery (VRFB) system as part of a hybrid energy storage project at the site of a retiring gas plant in Asturias, Spain.
The renewables arm of Italy-based power company Enel is seeking approval to add a 38MWh battery storage system to an existing 42.25MW solar PV plant in Spain.
The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.
New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week’s time.
Norway-based thermal energy storage company Kyoto Group has signed a letter of intent (LOI) to deploy an 88MWh system in Spain in the second half of 2023.
Spanish and Portuguese utility Endesa, part of Enel, has provisionally won 953MW of connection rights to build renewable energy resources and battery storage in Andorra, possibly rising to 1,200MW.
Battery energy storage system integrator Powin has acquired EKS Energy, a provider of advanced power electronics and energy management solutions for energy storage and renewables.
Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).
