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.

A roundup of news from Europe, with Alfen and Sermatec deploying BESS projects in Sweden and Bulgaria and new firm terralyr raising €77 million for project development and operation, starting in Germany.

Lithuania can move ahead with a scheme to provide €180 million (US$200 million) in grants to energy storage projects after it was approved by the EU.

Sweden-based BESS developer Ingrid Capacity will trade its BESS projects as they start to come online, CEO Axel Holmberg said, while also discussing the CEE market and fellow Swede Northvolt’s current challenges.

Energy investment group DTEK discusses its large-scale BESS in Ukraine and Poland as well as the ongoing war with Russia.

While everyone agrees the capacity market (CM) is the foundation of the business case for BESS in Poland, that might not always be the case, one developer suggested.

Baltic Storage Platform, a joint venture (JV), has broken ground on two new 200MW/400MWh battery energy storage systems (BESS) in Estonia.

The European Commission has approved a €1.2 billion (US$1.32 billion) state aid package for Poland to support the deployment of electricity storage facilities.