State-owned power producer PGE Group has selected LG Energy Solution to provide the BESS for a 263MW/900MWh project it will build in Poland, for a total of PLN 1.555 billion (US$385 million).
Portugal has selected 43 winning BESS projects for a share of €100 million (US$105 million) in EU grants while, on the other side of Europe, Moldova has launched a 75MW BESS procurement with funding from USAID.
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.
A flurry of grid-scale energy storage news from Europe, with large-scale projects progressed in Kosovo, Switzerland and Croatia involving Millenium Challenge Corporation, Intilion and NGEN respectively.
The deadline has now passed for Bulgaria’s EU-backed support scheme for standalone energy storage, and the bids submitted amount to four times the available capital available.
The energy ministries of Bulgaria and Romania have both revealed the results of EU-backed tenders for renewables and energy storage, with gigawatts of energy storage being supported.
IPP and energy trader Monsson has kicked off the environmental permit process for a 2GWh BESS project in Romania, which an executive said will use its own patented energy storage solution.