Tripartite agreement puts new energy storage obligations on 22 member states, while renewable and energy storage developers commit to robust deployment pipeline, and multinational investors prepare to assign more capital to segment. More funds for EU manufacturing anticipated plus significant C&I segment expansion.

The European Union (EU) has announced a tripartite agreement to accelerate energy storage deployments in the next two years.

EU energy ministers agreed on June 26 on a common position on the proposed European grids package, while representatives from public authorities, the storage sector and industrial…

Tripartite agreement puts new energy storage obligations on 22 member states, while renewable and energy storage developers commit to robust deployment pipeline, and multinational…