The government of Portugal has announced plans to invest €400 million (US$466 million) to improve its grid management capabilities and increase its battery energy storage system (BESS) capacity.

Cyprus’s electricity regulator has approved plans to install 400MWh of battery energy storage system (BESS) projects in the Mediterranean island country.

The government of South Africa has revealed the preferred bidders in the third window of its Battery Energy Storage Independent Power Procurement Programme (BESIPPPP), with IPPs Mulilo and Scatec winning the projects.

Energy storage owner-operator BW ESS and Zelos Energy Developments have announced a 1.5GW pipeline of BESS projects in Germany, aiming for ready-to-build (RTB) status over the next two years. 

KNESS has secured a €9.6 million (US$10.35 million) loan from Oschadbank for a battery storage project in Ukraine.

The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.

Envision Energy has been contracted to supply battery energy storage systems (BESS) for EDF Group’s three-project Oasis 1 portfolio in South Africa.

A tender for the provision of BESS technology for a ‘decentralised grid booster’ deployment has been launched by Aprion, one of the four major transmission system operators (TSO) in Germany.

The government of New South Wales has signed a land lease agreement for a long-duration advanced compressed air energy storage (A-CAES) project.

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.