Rimac Energy, the battery energy storage system (BESS) division of EV supercar company, has unveiled its new product at the Energy Storage Summit Central Eastern Europe (CEE).

The CEE energy storage market holds much promise but grants and subsidies might be needed to get it off the ground.

UK-based investor Gore Street Capital has identified Poland, Hungary and Austria as markets of interest in the CEE region, investment principal John-Michael Cheshire told Energy-Storage.news in a Q&A.

Developer NGEN is deploying the largest battery storage projects in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman Bernard said.

The Poland arm of UK-based developer Harmony Energy is looking to bid in around 500MW of battery storage projects into the upcoming capacity market auction, executive director Michał Maćkowiak said.

Developer NGEN Smart Grid Systems has completed a 10.3MW/20.6MWh standalone battery storage project in Austria, the largest in the country, it claimed.

CEE-based developer and independent power producer (IPP) Woodburn Capital is deploying a co-located battery storage project in Croatia, with final regulations around connecting batteries to the grid expected imminently.

Around 16GW of battery energy storage system (BESS) projects got preliminary registration for this year’s capacity market auction in Poland, developer Hynfra told Energy-Storage.news.

Enersense International has been enlisted to provide maintenance services on four battery storage projects in Lithuania deployed by Fluence.

A state agency in Estonia has provided €5.2 million (US$5.7 million) in grants for 10 energy storage projects, including a 4MW/8MWh battery storage project from utility Eesti Energia.