The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.
Flexibility will be a critical piece of the grid of the future and energy storage will play a central role in that, keynote speakers said at Solar Media’s Energy Storage Summit Central and Eastern Europe (CEE) 2024 today.
Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.
News from the Nordics and the Baltics, with BESS projects launched in Sweden, Denmark and Latvia by Centrica, Nordic Solar and Niam Infrastructure and Evecon.
Investor DTEK will build 200MW of battery energy storage systems (BESS) in Ukraine as the country enters its third winter of war with Russia, with continued attacks on its electricity infrastructure looming.
Sweden-headquartered lithium-ion technology Northvolt has concluded its strategic review, revealing it is divesting or ceasing non-core activities, sharpening its focus to battery cell manufacturing and reducing its workforce.
State-owned utility and power generator HSE is targeting 800MW of flexibility assets across Slovenia by 2035, including pumped hydro energy storage (PHES) and battery energy storage systems (BESS).
We hear from utility Eesti Energia about its 25MW/50MWh BESS project in Estonia, including what it hopes to achieve with the project and why it needed a second procurement to launch the project.