Energy trading firm Second Foundation is building three grid-scale BESS projects in the Czech Republic totalling 307MW this year, with the technology provided by local firm Gaz Energy.
Developer-operator Green Capital and EPC firm Electrum Holding have signed an agreement to build an 80MW/320MWh BESS in Poland, under a full ‘wrap’ model.
Terna, the transmission system operator (TSO) of Italy, has approved the grid connection for a 500MW/3GWh BESS project. Meanwhile several smaller projects have progressed across the rest of Europe.
A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.
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.