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What is the 2.3 GW battery storage project in Italy?

Also underpinning the 2.3 GW battery storage projects across Northern and Southern Italy is renewable energy security. The project, as put in official project partnership communication, will enable “it [Italy] meet its 2030 renewable energy targets, decarbonising the power system whilst ensuring security of supply”.

Why is CIP launching large-scale battery projects in Italy?

The development of large-scale battery projects aligns with CIP’s growing focus on energy storage. With Italy’s supportive regulatory environment, the partnership aims to leverage CIP’s expertise to advance its storage infrastructure projects. The move also supports Italy’s aim to meet the nation’s 2030 renewable energy targets.

Will GCSS & CIP's 2.3 GW battery storage project boost Italy's Bess market?

GCSS and CIP’s 2.3 GW battery storage project in Italy offers a multi-facet view of its utility. At its core, it will boost Italy’s BESS market in Europe. The project will create a reliable renewable energy network across Italy while succinctly affirming the project’s business case.

Can Italy make battery storage projects commercially attractive?

“Italy has a clear need for storage, and the enabling market and regulatory mechanisms are being put in place to make battery storage projects commercially attractive.” CIP’s Flagship Fund CI V, completed in March 2025, exceeded its €12bn ($12.9bn) target.

Does Italy need battery storage?

Nischal Agarwal, Partner at CIP, made clear of the company’s intentions, stating that, “Italy has a clear need for storage and the enabling market and regulatory mechanisms are being put in place to make battery storage projects commercially attractive.”

Is Italy the hottest battery market in Europe?

Italy has established itself as one of Europe’s hottest battery markets. The country placed top among 28 European battery storage markets recently surveyed by Aurora Energy Research, driven by its 50 GWh battery capacity target by 2030 and the opening of its ancillary markets to BESS.