energy storage
BW ESS, Penso Power, Shell create pioneering battery storage partnership
07 August 2024 - A deal between BW ESS, Penso Power, and Shell represents a new model for agreements in the development and operation of energy storage systems
Romania to allocate grid capacity through auctions
06 August 2024 - Romania is breaking the grid congestion deadlock by introducing a competitive process for capacity allocation for power plant projects
YEO’s Reap Battery launches joint venture in Turkey with China-based Great Power
01 August 2024 - YEO Technology said its subsidiary Reap Battery would control 51% of an energy storage joint venture in Turkey with Great Power
Fortis Energy buys 180 MW solar power project with batteries in Serbia
29 July 2024 - Fortis Energy acquired a 180 MW photovoltaic project in Serbia. It said it would include...
Greece needs 7 GW of energy storage by 2030 to avoid high curtailments
27 July 2024 - Up to 20% of renewables capacity is expected to face curtailments by 2030 in Greece if no new investments are made in energy storage
Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio
26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece
Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp
26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece
Romania’s ambitious energy storage plans: 5 GW by end-2026
18 July 2024 - These ambitious energy storage targets are aligned with transmission system operator Transelectrica’s recommendations and analyses
Trafigura enters Romanian renewables market via solar power project purchase
17 July 2024 - Trafigura's subsidiary Nala Renewables bought a ready-to-build PV project of 61 MW in Romania with an option to integrate battery storage
Bulgaria experiences historic power output slump in June
09 July 2024 - Bulgaria's total power output in June was the weakest since 2019. The country only had a slight year-to-date surplus in electricity trade.
Greece plans to end subsidies for battery energy storage systems
04 July 2024 - Given the curtailments for renewables in Greece, batteries can operate in the market without subsidies, Minister Thodoros Skylakakis said
Transelectrica: Romania requires up to 4 GW in energy storage in balanced mix
02 July 2024 - Transelectrica urged the authorities in Romania to back large-scale energy storage projects, especially for pumped storage hydropower plants
Greece’s PPC boosts pumped storage hydropower project pipeline to 1.6 GW
01 July 2024 - PPC obtained an electricity storage permit for a pumped storage hydropower project at an open-cast lignite mine in Kozani in northern Greece
Tesla, Samsung interested in 150 MW battery storage tender in Cyprus
28 June 2024 - Cyprus plans to launch a tender in September to support the installation and operation of battery energy storage systems of 150 MW in total
Bulgaria outlines EU-funded tender for standalone energy storage units
26 June 2024 - The draft for the RESTORE tender for support to energy storage facilities in the electricity transmission system was issued for public consultation
Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage