European Commission (EC) strategy puts energy storage as cornerstone of a decarbonised and secure energy system for the EU.

Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.

Green Deal Industrial Plan has been welcomed by the European Association for Storage of Energy, although mentions of energy storage included in a leaked draft seen by the industry group were absent from the final publication.

European Commission has given green light for state aid towards development of a large-scale pumped hydro energy storage in Finland.

The Minister of Energy of Romania will provide up to €103 million in financial support for battery energy storage systems deployments in the country.

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects.

The EU has approved a plan by the government in Greece to put €341 million towards a 900MW energy storage pipeline, under its state aid rules.

A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.

Leclanché is undergoing a “strategic reorganisation” of the company and said it has secured funding for its manufacturing and R&D activities while also announcing a pivot towards becoming a “green tech software and systems integration company”.

The European Commission has approved Britain’s Capacity Market scheme following an in-depth investigation into its state aid compliance.