Italian china energy storage group

Will Italy need 10 GWh of energy storage capacity in 2028?

This was leter confirmed by Minister of the Environment and Energy Security Gilberto Pichetto Fratin. Terna calculated Italy will need 10 GWh of energy storage capacity to maintain reliable grid electricity supply in 2028.

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.

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.

Why is GCSS partnering with Italy?

The move also supports Italy’s aim to meet the nation’s 2030 renewable energy targets. CIP Partner Nischal Agarwal stated: “The partnership with GCSS is a great opportunity for us to expand our pipeline of utility-scale battery storage projects and to enter the promising Italian market.

How much energy will Italy need in 2028?

Terna calculated Italy will need 10 GWh of energy storage capacity to maintain reliable grid electricity supply in 2028. That figure, or slightly less, will be the amount available to developers who participate in the country’s first energy storage capacity auction, known as the mercato a termine degli stoccaggi, or MACSE.

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.