Energy Storage News•about 9 hours ago
KNESS and Hithium enter 2GWh Ukraine partnership, c.700MWh progressed elsewhere in Finland, Estonia and Southeast Europe
- •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.
financingm&aoem