Energy Storage News•7 days ago
KNESS and Hithium enter 2GWh Ukraine partnership, c.700MWh progressed elsewhere in Finland, Estonia and Southeast Europe
Key Takeaway
Eastern Europe is experiencing a significant surge in large-scale battery energy storage deployments, driven by major partnerships and projects advancing rapidly across multiple countries, creating a dynamic market for developers and enhancing grid resilience for large consumers.
AI Summary
- •KNESS and Hithium have formed a 2GWh battery energy storage system (BESS) partnership in Ukraine, signaling a major commitment to grid-scale storage in the region.
- •An additional ~700MWh of BESS projects are progressing in Finland, Estonia, and Southeast Europe, reaching critical stages like commissioning, final investment decision, technology procurement, and acquisition.
- •The rapid advancement and scale of these projects highlight a robust and active market for large-scale energy storage in Eastern Europe, offering significant opportunities for developers and potential grid stability benefits for large power consumers.
- •The involvement of Hithium as a technology provider indicates key OEM players are actively supplying the growing BESS market in the region.
Topics
financingm&aoemstorage
Article Content
A busy week of large-scale BESS projects news from the Eastern side of Europe, with projects reaching commissioning, final investment decision, technology procurement and acquisition, led by KNESS' 2GWh partnership with Hithium in Ukraine.