The results of Poland’s capacity market (CM) were announced this week, with fewer awards to BESS than last year because of a reduction in the technology’s de-rating factor.
The Ministry of the Environment in Poland has shortlisted projects for an energy storage capex support programme totalling 4.15 billion PLN (c.€1 billion), with 183 eligible to progress to the next round.
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.
A pension fund will join the EBRD and EU Modernisation Fund in investing around €16 million (US$18.5 million) in a project on Croatia pairing large-scale BESS and a VPP.
Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.
Lithuania’s government will publish a call for applications tomorrow (10 October) for a scheme to support energy storage, which is deemed crucial to the country’s energy security.
Hithium will supply its latest 6.25MWh DC block products to engineering, procurement and construction (EPC) company Solarpro, for projects in Eastern Europe.
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.
