Italian automotive new energy storage equipment

How will Italy support energy storage?

Italy is one of Europe’s fastest growing energy storage markets and recently introduced mechanisms to support this nascent sector. To meet its decarbonisation goals, it set out the need to build 9 GW of new grid-scale energy storage and upped its renewables targets with the aim of having 65% of electricity from green energy by 2030*.

How will italvolt support Italy's Green industrialisation ambitions?

Italvolt intends to honour Italy’s important industrial legacy by supporting the country’s green industrialisation ambitions, and by delivering battery cells which will help drive decarbonisation across a variety of industries. Italvolt’s 45GWh battery plant will be the Italy’s largest, independent, battery cell factory.

Is Italy a good place to invest in energy storage?

Italy is an incredibly interesting and fast-growing market for renewables and there’s significant untapped potential in the energy storage sector. “Big batteries like the ones we’re developing with this new joint venture make the most of when it’s sunny and windy by storing abundant green energy and releasing it back into the grid when it’s needed.

Which projects have been submitted to the Italian Ministry of energy?

The 111MW project in Lombardia and the 97MW project in Puglia have been submitted to the Italian Ministry of Energy for approval. The 187MW project in Piemonte will be submitted for approval later this year.