MetaWealth COO Michael Topolinski IV discussed the firm’s first BESS project in Romania, which is partially financed with bonds marketed at retail investors. 

BESS platform NGEN has started building an 85M/170MWh BESS in Austria, while Foresight Group and the EBRD have invested in development platforms in Germany and Lithuania.

A new automated facility will need around 85% fewer employees per GWh of annual BESS manufacturing capacity, Bulgaria-based IPS said.

The Bulgarian Ministry of Energy began accepting applications yesterday (21 August) in tenders for 3,000MWh of energy storage capacity.

Turkey-based developer and IPP Fortis Energy has acquired a solar and battery energy storage system (BESS) project in Serbia.

Bulgaria’s Ministry of Energy has launched two tenders to add 1,425MW of renewable power generation to the grid and 350MW of battery energy storage system (BESS) projects.

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.

The European Commission has approved a €1.1 billion (US$1.2 billion) scheme from the government of Hungary to support large-scale energy storage projects.

The European Commission has given the go-ahead to a €150 million (US$160 million) state aid scheme for renewable energy and energy storage in Slovenia.