We caught up with the CEO of Bulgaria-based International Power Supply (IPS) to discuss its claimed first mass-scale cell-to-system BESS manufacturing facility in Europe and its ultra-high density 20-foot product.
IPP R.Power Renewables will launch construction on large-scale BESS projects in Romania and Poland in the second half of this year, while Electrica is procuring EPC works for its own BESS project.
The Mobility House will provide its aggregation and trading software to Electrohold, the energy trading arm of IPP and T&D network owner Eurohold Bulgaria, to optimise a 2.5GWh portfolio of BESS projects.
Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.
The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.