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.
Power firm PGE has started building a 262MW/981MWh BESS in Poland with LG batteries, coinciding with Solar Media’s Energy Storage Summit CEE, which kicked off today (23 September).
Fluence has deepened its partnership with Ukraine-headquartered energy company DTEK, agreeing to supply a large-scale battery storage project in Poland.
Ignitis Group and Olana Energy have progressed BESS projects in Lithuania closer to construction, with the order of equipment and final investment decision (FID) taken, respectively.
IPP DTEK Group and system integrator Fluence have together put a 200MW/400MWh BESS portfolio in Ukraine into commercial operation, a milestone praised by the country’s energy minister Svitlana Grinchuk.
